Just like Twitter owner Elon Musk, the newly appointed CEO Linda Yeccarino has also emerged as a crypto enthusiast. However, unlike her boss, Yeccarino has shown a particular fondness for Shiba Inu, a cryptocurrency famously referred to as the “Doge Killer.” With Elon Musk’s public support for Dogecoin, Yeccarino’s interest in Shiba Inu raises a question: what lies ahead for these cryptocurrencies? Join us as we delve into the latest news and discover another upcoming coin eagerly awaiting its debut, Caged Beasts.
Doge: The Pet Of Musk
In 2013, a viral image of an adorable Shiba Inu breed dog, known as Doge, took the internet by storm. Its peculiar and humorous appearance made it an instant meme sensation on social media platforms.
Captivated by its online popularity, software engineers Billy Markus and Jackson Palmer decided to channel the meme’s energy into a cryptocurrency. Thus, Dogecoin was born, initially intended as a playful parody of established cryptocurrencies like Bitcoin.
However, what began as a light-hearted experiment soon evolved into a global phenomenon, attracting a dedicated following and garnering support from notable figures such as Elon Musk.
Musk’s affinity for Dogecoin has been well-known for years, with his tweets and public statements exerting influence on its price. In fact, Musk has faced legal scrutiny over allegations of influencing Dogecoin’s market value through his extensive social media presence.
In 2021, Musk’s tweet “Doge Barking At The Moon” caused a 100% surge in Dogecoin’s price. A few days after this event, he openly endorsed Dogecoin during his appearance on Saturday Night Live. In that same year, he announced that Tesla, his renowned electric vehicle company, would accept Dogecoin as a form of payment, further highlighting his impact on Dogecoin Market.
But Musk’s recent appointment of a new CEO for Twitter, who follows Dogecoin’s rival Shiba Inu on the platform, has sparked a lively debate on social media, adding an intriguing twist to the Dogecoin narrative.
Twitter’s New CEO Loves Shiba Inu
Following Elon Musk’s acquisition of Twitter in late 2022, the platform has experienced significant changes. In his quest for a visionary CEO to lead Twitter into the future, Musk announced last week that Linda Yeccarino would be assuming the role. However, as Yeccarino awaits her transition to the helm of Twitter and X Corp in the coming weeks, an interesting development has caught the attention of social media users.
It has come to light that Yeccarino is actively following Shiba Inu on Twitter, a rival cryptocurrency to Dogecoin.
Inspired by the success of Dogecoin, an anonymous group called Ryoshi launched Shiba Inu in 2020. Built on the Ethereum blockchain, Shiba Inu’s native token, SHIB, features the Shiba Inu breed dog as its mascot. Despite its relatively recent launch, Shiba Inu has gained immense popularity, becoming the second-largest meme coin in the market, trailing closely behind Dogecoin.
Notably, Shiba Inu has previously benefitted from the hype generated by Elon Musk’s comments on Dogecoin. Now, it seems that Linda Yeccarino, the incoming CEO of Twitter, is adding to the excitement surrounding Shiba Inu.
What Will Happen To DOGE And SHIB?
While it remains uncertain how this will unfold, it highlights the diverse landscape of cryptocurrencies and the various preferences and endorsements within the industry. The actions and affiliations of influential figures like Linda Yeccarino and Elon Musk are adding an interesting twist to the rivalry between Shiba Inu and Dogecoin, shaping the perception and direction of these cryptocurrencies.
Crypto enthusiasts and investors will undoubtedly keep a close eye on how this dynamic plays out, as it could have implications for the future of both Shiba Inu and Dogecoin in the ever-evolving crypto market.
From Lab To Crypto World: Caged Beasts Roar
Caged Beasts is an exciting new meme coin that introduces a unique concept of caged beasts representing each BEASTS token. The community’s objective is to cultivate an army of these caged beasts and unleash their power onto the world through trading BEASTS.
The project offers more than just a cryptocurrency; it presents an immersive experience intertwined with a captivating narrative. The story unfolds in an animal testing lab, where Rabbit 4001 takes center stage. At each stage of the presale, Rabbit 4001 injects new caged animals with mutagens, kickstarting their transformation. As these creatures grow, their power is enhanced through cybernetics and weaponry. The ultimate goal is to release them into the crypto world, allowing them to revolutionize the financial landscape long dominated by humans.
What truly distinguishes Caged Beasts is its emphasis on community engagement. By locking 75% of the funds until the release date, Caged Beasts ensures controlled distribution and builds trust and transparency. Additionally, the allocation of 25% of funds to the marketing wallet demonstrates Caged Beasts’ commitment to amplifying brand awareness and attracting new participants.
Being a brand-new meme coin, Caged Beasts is in its early growth phase, making it a prime investment opportunity. Joining the presale allows investors to secure their position early on.
For More About Caged Beasts Website: https://cagedbeasts.com
Twitter: https://twitter.com/CAGED_BEASTS
Telegram: https://t.me/CAGEDBEASTS
