Crypto Analyst Predicts SHIB to Overtake DOGE as Leading Meme Coin

• A crypto analyst predicts Shiba Inu will overtake Dogecoin as the leading meme coin network.
• The analyst points to the use cases and projects coming out of the SHIB ecosystem as proof.
• Shiba Inu is the second-largest meme network and the 19th-ranked crypto network.

In a recent tweet, crypto analyst Jake Gagain predicted that Shiba Inu will surpass Dogecoin as the leading meme coin network in the world. According to the crypto analyst, this will happen during the next crypto bull market.

The statements of the analyst mirror the beliefs of people within the Shiba Inu community. So far this year, the Shiba Inu network has witnessed several developments geared toward improving the meme coin’s ecosystem.

At present, Shiba Inu sits as the 19th-ranked cryptocurrency network, with a total market cap of $4.27 billion. Meanwhile, Dogecoin is the largest meme coin, with a market cap of $8 billion. As with the general cryptocurrency market, the token also saw a drop in its price amid the bear market.

The SHIB team stated that many of the developments are expected to move the network from a meme coin to a blockchain, offering several projects and use cases. However,…

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