August 11, 2022

Shiba Inu Afraid? – HUH Token Dubbed ‘Shiba Slayer’

Shiba Inu joined the cryptocurrency game in August 2020, and the world of cryptocurrency is perpetually growing. Over the last few years meme cryptocurrencies have been constantly pushed out. As a result, it can be difficult to stand out in such a saturated market, however, Shiba Inu has managed to sit pretty at the top for a while now. Shiba Inu is a meme cryptocurrency that was developed in August 2020, by a developer going under the pseudonym, ‘Ryoshi’. It is an ERC-20 token and according to their website they fancy themselves as the ‘Dogecoin Killer’. But perhaps Shiba Inu should be less concerned about Dogecoin and more concerned about HUH Token who is being dubbed as the potential Shiba Inu Slayer.

Shiba Inu appears as SHIB and can be bought across several exchanges. The popularity of SHIB has been gradual but consistent in growth, until recently where it has spiked due to the influence of Elon Musk. The Tesla CEO has been very vocal in his support for cryptocurrencies such as Dogecoin, Baby Doge and Shiba Inu. Mr Musk recently tweeted “My Shiba Inu will be named Floki,” and this tweet alone increased the Shiba Inu price up by 25%. Social media influence is power, and influencers have in some ways become similar to currency. And while Shiba Inu is a great example of how social media, and those who hold influence over their followers, can potentially affect cryptocurrency market price. This is often done through memes which many see as a source of entertainment. This could lead to a good reputation, but not being taken seriously as an investment.

This is why HUH Token is being dubbed the ‘Shiba Slayer’, as its creators have already demonstrated their intention to use a social marketing campaign to support HUH Token’s release. Claiming to already have deals with at least 3000 social media influencers, HUH Token is ready to establish its position in the cryptocurrency market upon release. HUH Token will be promoting various unique features through these influencers, such as a referral system that can generate additional cryptocurrency just by encouraging people you know to invest. Using a referral code will allow you to receive 10% of your referral’s initial investment in the form of BNB (Binance). This additional currency provides you with another source of income just for offering others the opportunity to invest with HUH Token. With an ever-increasing amount of value being placed on social media campaigns, HUH Token appears to be in a good position to adopt the title of ‘Shiba Slayer’.

HUH Token is ready to hit the market in its stride, and Shiba Inu would be wise to monitor HUH Token’s progress from its release date. Otherwise, the ‘Shiba Slayer’ could live up to the title and remove Shiba Inu from its current position in the cryptocurrency market. Shiba Inu is currently performing well, but is this due to its merit as a currency or a current social focus thanks to Mr Musk? The difference is important as social focus can shift at any moment but a strong token can succeed on its own.

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