There is an upsurge in the cryptocurrency circle. With the skyrocketing of Dogecoin, cryptocurrencies related to dogs have also skyrocketed in recent days. Also included with the Shiba Inu marked Shiba Inu currency (SHIB), as well as new members of the "Dog currency" of Akita dogs currency (AKITA).
On the anniversary of Dogecoin's April 20th, the prices of the two dog currencies also rose. Akita Inu coin increased by 7,417% in one week and 10,628% in 30 days; Shiba Inu coin also increased by 668% in one week and 2,536% in 30 days. And as Dogecoin has soared again recently, the price of "Canine Currency" has also soared.
According to the websites of Shiba Inu Coin and Akita Inu Coin, both currencies are decentralized experimental tokens sent from the community. 50% of the total supply will be locked in Uniswap transactions, and the remaining 50% will be destroyed. The development team will not hold any tokens in their hands. The purpose is to ensure that the price of the currency is stable and there will be no possibility of official manipulation of the price.
Akita Inu Gohei "Akita Inu Amiji"
Akita Dogcoin was launched on Uniswap in January and has now entered 7 exchanges including Huobi and MXC Matcha. The Akita Dogcoin development team has been cooperating with Polarfox Ecosystem and Avalaunch to create a community called "Akita Dog Network", which will continue to develop through the use of small sponsorships for Akita Dogcoin.
It is worth mentioning that the Akita dog also introduced currency Home currency, as well as self-proclaimed "dog coins CEO" of Musk (Elon Musk). The development team claims that Akita Dogecoin was inspired by Dogecoin and the team hopes that Akita Dogecoin will also rely on the power of the community to drive its own development.
Shiba Inu coin calls itself ``Dogecoin killer''
As for Shiba Inu coins, they even call themselves "Dogecoin killers." Shiba Coin intends to launch its own decentralized trading platform ShibaSwap and establish its own ecosystem, and the future blueprint published on its website intends to get involved in the NFT platform.
According to the development team, Shiba Inu Coin will provide LEAH as a reward for liquidity mining, and the blueprint for another BONE currency will be announced when ShibaSwap goes online.
Although both Shiba Inu and Akita are still in the early stages of development, the recent media exposure of the use of Dogecoin has greatly increased. The two currencies have also attracted the attention of investors and participated in the community to promote development.
