Email of the day on copycat crypto offerings
Comment of the Day

May 14 2021

Commentary by Eoin Treacy

Email of the day on copycat crypto offerings

Excuse my ignorance but is Dogecoin the same animal as Shiba Inu crypto? Shiba is a breed of Japanese dog ("inu") but frankly, I'm more than a bit confused (despite Eoin's clear and enlightening description of the phenomenon) by the entire cryptocurrency story. To me it smells of...tulips.

Eoin Treacy's view

Thank you for this question. Shiba Inu coin is a copycat coin for Dogecoin. They are not related projects. There are valid comparisons between cryptocurrencies and the tulip mania but perhaps not in the way people think.

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