Shiba Inu Going Up Against Dogecoin And Tesla As Car Manufacturer Announces Support For SHIB

Share This Post

The world’s largest meme coin, Dogecoin (DOGE) could see even more heated competition from its primary rival, Shiba Inu (SHIB). According to Shiba Inu’s lead marketer, Lucie, SHIB could potentially surpass Dogecoin, especially with Tesla Chief Executive Officer (CEO), Elon Musk’s support for DOGE. This fierce competition would be driven by the potential integration of SHIB payments by the legendary automobile manufacturer, DeLorean Motors. 

DeLorean Motors Teases SHIB Support

In an X (formerly Twitter) post on October 12, DeLorean Motors hinted at the possibility of accepting Shiba Inu as a payment option for their upcoming electric cars. In a seemingly playful challenge aimed at Dogecoin and Musk’s Tesla, DeLorean Motors suggested that since Tesla supports Doge payments, then maybe they might start accepting SHIB. 

This statement creates a potential rivalry with Musk’s Dogecoin support, pitting the two top meme coins against each other as they are driven by the world’s most legendary automobile companies. 

Stirring up excitement in another  X post, Lucie suggested that if Shiba Inu can be a part of DeLorean Motors payment plans it could set the meme coin up for a massive growth spurt. She further fueled the competitive fire by highlighting a potential rivalry between Dogecoin and Shiba Inu, with Tesla backing DOGE and DeLorean Motors potentially supporting SHIB. 

Lucie suggested that if DeLorean Motors decides to accept Shiba Inu as a payment for its electric cars, it would become a powerful statement that could push Shiba Inu’s status to new levels, potentially triggering widespread adoption and a subsequent price increase. 

The Shiba Inu marketing lead has revealed that DeLorean Motors is making a comeback with its iconic DeLorean DMC-12 sports vehicle, aiming to turn it into an electric car. This innovative merger of retro and futuristic electric car technology is set to make a significant impact in the tech world.

Shiba Inu Vs. Dogecoin And Tesla

With Shiba Inu poised to capitalize on a possible integration into DeLorean Motors’ payment system, Lucie has hinted that the meme coin could surpass Dogecoin with Musk’s Tesla support. Earlier in May 2024, Tesla updated its website to begin accepting DOGE as payment for certain products available in its merchandise shop. 

This unexpected change caused reverberations in the meme coin market and crypto space as a whole, considering Musk’s previous public support of Dogecoin in April 2019. Based on Lucie’s recent post, if Shiba Inu gains a similar experience with DeLorean Motors, it could be a game changer for the SHIB community and the meme coin’s market value. 

Moreover, DeLorean’s potential support and influence could expose Shiba Inu to new high-value markets and increase global adoption of the meme coin. While Lucie has admitted that DeLorean’s potential integration of SHIB payments remains speculative and unconfirmed, she remains highly optimistic. 

Shiba Inu price chart from Tradingview.com

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Dogecoin Revival: Active Addresses Skyrocket To Highest Level In 8 Months

An expert believes that Dogecoin is on the verge of a huge price rally never seen since December 2021 as the cryptocurrency landscape showed it is ready for a breakout Crypto analyst Ali Mаrtinеz

China’s Trade With BRICS Surges: A $653 Billion Boost in Emerging Markets

China’s trade with BRICS countries surged by 51% year-on-year, reaching 462 trillion yuan (approximately $653 billion) in the first three quarters of 2024 Officials emphasized the importance of

Toncoin Sharpe Ratio Rising, Is TON Readying For $8?

Toncoin has cemented its position as a top 10 coin However, considering the weakness across the board, TON, the native currency, has not been spared the hammering Although losses might be contained,

Bitcoin Analyst Predicts 7,000% Gains For ETFSwap (ETFS) In October, XRP Price To Rise To $1

According to a well-known Bitcoin (BTC) analyst, the ETFSwap (ETFS) tokens could see gains as high as 7,000% in the month of October, while the XRP price is expected to rise to $1 The Bitcoin (BTC)

Shiba Inu Price Flashes Historical Bull Flag, Here’s What Happened Last Time

Technical analysis suggests that Shiba Inu is currently positioned at a critical price junction, one that could lead to a massive 400% breakout to the upside According to an analyst on the

Trump’s crypto policies have potential for ‘explosive upside,’ while Harris shows ‘limited downside risk’ – Galaxy Digital

Alex Thorn, head of research at Galaxy Digital, shared a ‘policy scorecard’ based on the US presidential candidates’ stances toward the crypto industry The card suggests that Vice