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Shiba Inu, tokenized by SHIB, is a meme coin that refers to itself as the DogeCoin killer. It was created anonymously and gained popularity quickly as investors were drawn to its cute charm. However, Shiba Inu aims for an Ethereum-based mining algorithm, adopted by retailers as a means of payment following its popularity among small investors.
However, Shiba Inu is part of the swarms of dog-themed meme coins that follow the path of Dogecoin. Also, the SHIB ecosystem is built based on the Dogecoin ecosystem and many other imitations of Dogecoin. Although the Shiba Inu token is outstanding and innovative, it still has setbacks and shortcomings.
In addition, this coin is part of the many already existing dog-themed coins. However, this token’s success sparked many copycat tokens such as – BitShiba, Shibalana, King Shiba, SHIBAVAX, and SHIBA2K22. As a result, there are several Shiba Inu copycats, and they have kept increasing over the years.
 
 
RoboApe (RBA) And Shiba Inu (SHIB)?
The Shiba Inu platform urges dog-inspired artists worldwide to bid to foster an artistic Shiba movement. However, this platform has its shortcomings as well. One prominent issue of the SHIB platform is the highly concentrated circulating supply. As a result, this has posed a problem for the Shiba Inu platform. For instance, the highest collection of SHIB is held by ten different wallets, which could be very well maintained by fewer or just one.
However, Shiba Inu has been one of many meme-themed coins that faced a pull after Vitalik Buterin burned 90% of his held share of SHIB. Furthermore, this further established the volatility of this token after the drop in value it experienced after that massive burn by Buterin.
In addition, the limited use cases of the Shiba Inu platform pose a significant problem for the platform. However, with the limited use case of the token, these coins have substantially risen to even the top 3000 traded currencies.
RoboAape is a revolutionary meme coin that has brought a positive shift to the meme coin industry. Through the RoboAape ecosystem, various aspects of blockchain have been catered for by RoboAape. Also, the RoboAape blockchain is tokenized by RBA. This means that RBA is a utility token that ensures practical transactions on the RoboAape blockchain.
The RoboApe Brand
The RoboApe brand is built on the aim to give back more than it takes to society. However, after numerous research by the RoboApe team, this blockchain platform has decided to embark on a quest to become a well-established, community-driven, oriented blockchain platform. Also, the RoboApe platform promotes peer-to-peer economy and community governance as the key that unlocks vast economic opportunities for lending, crediting, and liquidity.
In addition, the RoboApe ecosystem aims to help the meme token industry gain traction. However, this system is doing this first through the introduction of RBA, which will, in turn, provide a platform for meme and crypto enthusiasts altogether.
RoboApe has shown that it is here to stay, and it aims to ensure the success of its platform through the innovative features it offers its users.
Source: https://zycrypto.com/the-meme-coin-industry-is-experiencing-positive-growth-because-of-newcomer-roboape-alongside-shiba-inu/