At the time of writing, AIShiba (SHIBAI), a meme currency dubbed a Shiba Inu knockoff and operating on the Arbitrum network, is exhibiting amazing bullish volatility. Despite the current state of the industry, AiShiba is currently trading at a price of $0.00000000012, an increase of 111% over the previous day.
The popularity of AiShiba, a relatively new meme currency, is being spread by the current upsurge in feeling towards meme coins. Additionally, it is being fueled by the intense interest in the Arbitrum Layer 2 blockchain network, which is currently one of the most adaptable on the Ethereum protocol.
AiShiba is starting off with an incredible goal: to bring together all Doge and AI enthusiasts with the express purpose of developing mainly useable solutions. The meme coin emphasised ideas for creating top-notch businesses by using Web 3.0 and artificial intelligence (AI).
The AiShiba coin’s main developers highlighted that the project’s long-term sustainability depends on the calibre of its inventions and the expansion of usage of ARB, the native token of the Arbitrum ecosystem.
Varying meme coin ideologies
For what it’s worth, the ecosystem for digital currencies is expanding quickly, and meme coins have been quite popular since the year’s beginning. More meme coins have continued to enter the ecosystem, starting with the Solana-based BONK and then the meteoric rise of PEPE.
Investor confidence may wane over time since multiplicity isn’t always a good indicator of how well these ventures will accomplish their intended objectives. This is due to the fact that many tokens frequently struggle to maintain their parabolic rise since it is predicted that the frenzy will soon pass.
Only Shiba Inu and Dogecoin (DOGE) have, to yet, truly withstood the test of time, and they serve as the model for other meme coins.
