Dogecoin (DOGE), the world’s largest meme coin, may face even more competition from its main rival Shiba Inu (SHIB). Lucy, Shiba Inu’s chief marketer, said SHIB could potentially surpass Dogecoin, especially with Tesla CEO Elon Musk’s support for DOGE. This intense competition will be fueled by the potential integration of SHIB payments by legendary automaker DeLorean Motors.
DeLorean Motors teases SHIB support
In an Oct. 12 post on X (formerly Twitter), DeLorean Motors hinted at the possibility of accepting Shiba Inu dogs as a payment option for future electric vehicles. In a seemingly playful challenge to Dogecoin and Mr. Musk’s Tesla, DeLorean Motors suggested that Tesla might start accepting SHIB since it supports Doge payments.
The statement creates a potential conflict with Mr. Musk’s support for Dogecoin, pitting two top meme coins run by the world’s most legendary car companies against each other.
Adding to the excitement in another X post, Lucy suggested that the meme coin could see significant growth if Shiba Inu becomes part of DeLorean Motors’ payment plan. She further added fuel to the flames of competition by highlighting a potential rivalry between Dogecoin and Shiba Inu, with Tesla potentially backing DOGE and DeLorean Motors backing SHIB. .
Lucy believes that if DeLorean Motors decides to accept Shiba Inu dogs as payment for electric vehicles, it would be a powerful statement that would take the Shiba Inu to a new level, potentially leading to increased adoption and subsequent price increases. He suggested that there was.
Shiba Inu’s head of marketing revealed that DeLorean Motors is reviving its iconic sports vehicle, the DeLorean DMC-12, with the aim of making it electric. This innovative fusion of retro and futuristic electric vehicle technology is set to have a major impact on the world of technology.
Shiba Inu vs. Dogecoin and Tesla
Shiba Inu is poised to take advantage of potential integration into DeLorean Motors’ payment system, and Lucy hinted that Memecoin could surpass Dogecoin with Musk’s Tesla backing. In early May 2024, Tesla updated its website to begin accepting DOGE as payment for certain products available in the Merchandise Shop.
This unexpected change caused repercussions across the meme coin market and crypto space, considering Musk publicly endorsed Dogecoin in April 2019. According to Lucy’s recent post, if Shiba Inu has a similar experience with DeLorean Motors, it could become a game changer for the SHIB community and the meme coin’s market value.
Additionally, DeLorean’s potential support and influence could expose Shiba Inu to a new high-value market and increase global adoption of the meme coin. Lucy admits that the possibility of DeLorean integrating SHIB payments is still speculative and unconfirmed, but remains very optimistic.
SHIB price maintenance support is $0.000018 | Source: SHIBUSDT on Tradingview.com
Featured image created by Dall.E, Charts from Tradingview.com
