Launched in April 2021, it's “fully decentralised and owned by its fun, vibrant community.” The project promises instant rewards for users. Kishu Inu is one of the newer DOGE-like altcoins. Created by an anonymous founder known as "Ryoshi," the self-proclaimed “Dogecoin killer,” as per its whitepaper says that SHIB's “Shiba Inu Ecosystem” - which includes the ShibSwap exchange and a decentralised SHIB Army of developers, coin holders, and fans - was an experiment in “spontaneous community building.” SHIB, currently has a circulating supply of 394,796 billion as per CoinMarketCap and is certainly the most prominent of memecoins after Dogecoin. Shiba Inu launched under the Ethereum blockchain's ERC-20 standard back in 2020 and trades on the decentralised Uniswap network. Dogecoin Millionaire Continues to HODL, Says Price to Double by Year-End.
But there are few more DOGE-theme altcoins that have been making the news too, and here's all about them. Since we've already heard about Shiba Inu, it's only fair that we start off by delving a tad deeper into how it came into being. But, there are several others too, all with similarly themed names, but each trying to cut away from the crowd. The most prominent Doge replica making waves at the moment is Shiba Inu or SHIB - designed after the same breed of Japanese dogs that the Dogecoin mascot belongs to. In a bid to replicate DOGE's success trail, there are now several similar 'memecoins' trying to garner investor attention and take the crypto-world by storm. Created in 2013, the crypto-asset never really took off among a sea of newer altcoins, but shot into prominence in 2020 mostly due to endorsements from celebrities and entrepreneurs such as Tesla CEO Elon Musk, Dallas Mavericks owner Mark Cuban, and even rapper Snoop Dogg. Dogecoin was originally created as a joke intended for those obsessed with cryptocurrency and took its name from a popular meme featuring the face of a Shiba Inu dog.
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