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People Are ”Adopting” Petcoins

The brand-new generation of Shiba Inu pet breed-inspired cryptos continues to enjoy new levels of popularity in crypto circles.

Flokinomics is one of the newest Dogecoin-inspired tokens. It began to trade after Elon Musk tweeted about it, which made it increase by 1,008% in the previous 24 hours.

Another Shiba Inu-inspired crypto, Baby Shiba Inu, grew by 641.2%.

Shiba Inu is known as a “Dogecoin killer” and it doesn’t just rival Doge – it is actually the 20th biggest crypto by market cap. In fact, its trading volumes today have surpassed DOGE. Still, more companies are accepting DOGE for payments than Shiba Inu.

DOGE may be below its May ATH by 73%, but it still increased by 7,544% during the previous 12 months.

Will Musk finally start accepting DOGE as a payment method and not just play with it? It remains to be seen.

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