The Shiba Inu (SHIB) team shared a tweet that left the community wondering. Joining a new Twitter stream, the meme token draws on the imagination of the community.
Shiba Inu left the community wondering with mysterious tweet
The official Shiba Inu Twitter account posted a surprising tweet. The encrypted tweet with only the word “dog” causes controversy among users trying to decipher its meaning. One Twitter user responded with “doge” to the tweet, to which the Shiba team responded as “killer”.
The community is not wrong in perceiving the tweet in various ways. However, it is important to keep in mind that Shiba Inu, a dog-themed token, was launched as a competitor to Dogecoin, or “Doge-Killer.” Recently, many crypto enthusiasts have predicted a “return” for dog-themed cryptocurrencies.
Shiba Inu and Dogecoin rivalry
cryptocoin.comAs you follow, last month Shiba Inu surpassed Dogecoin in terms of Twitter followers. In October 2021, the Shiba Inu entered the top 10 cryptocurrencies for the first time. It dethroned Dogecoin in terms of market valuation until DOGE regained momentum and changed the situation. Shiba is currently the 14th largest cryptocurrency by market cap. Dogecoin, on the other hand, represents the meme coin leadership as the 10th largest cryptocurrency. Meanwhile, the transaction volume of the meme coin market has exceeded $3 billion, according to data from Coin98.
However, in terms of 24-hour trading volume, Shiba outperforms Dogecoin, according to data from Coin98. Shiba was leading the meme economy with $277 million as the most traded token. In the same period, Dogecoin saw a transaction volume of $244 million. Overall, the trading volume for meme cryptocurrencies was $3 billion.
Shiba Inu unveils first concept art for the metaverse
The encrypted tweet was followed by a post on Shib’s Metaverse WAGMI shrine. This raised expectations in the community even more. Shiba Inu announced WAGMI Temple First Concept Art Reveal in a recent blog post. Meanwhile, Wagmi temple, one of the centers developed by The Third Floor (TTF) studio and the Metaverse team, was designed to bring a zen-like space to the world with calming vibes, meditation, natural beauty and spiritual connections. With its dedication to community feedback, the Metaverse team says it will soon release Fireside Chats throughout parts of the Metaverse creative process on the official Shib Token Discord, among other platforms.
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