A key player in ShibaInu's development appears to endorse rival meme coin Pepe
This endorsement from a key figure associated with Shiba Inu's development has added an interesting dynamic to the meme coin competition. While it's unclear whether Toitsu's tweet was meant as a direct endorsement or merely an observation, the fact that Pepe is now on the radar of influential industry players cannot be ignored., reaching $380 million, according to CoinGecko data.
Despite concerns about Pepe's controversial mascot and accusations of the project being a scam, the cryptocurrency continues to gain traction, potentially due to its ambitious roadmap that aims to dethrone other popular meme coins. It remains to be seen how the rivalry between Pepe and the two leading meme coins will play out as the former continues to gain more recognition.
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