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home / news releases / ETH - Forget Shiba Inu: This Cryptocurrency Could Make You Rich


ETH - Forget Shiba Inu: This Cryptocurrency Could Make You Rich

2024-02-25 09:43:00 ET

The Shiba Inu (CRYPTO: SHIB) cryptocurrency isn't writing headlines anymore, but many investors still pin their hopes on this meme coin for the next sectorwide bull run. It's still among the 20 largest crypto names measured by market cap , with robust daily trading volume.

Unfortunately, I don't see much real-world developer interest in the surprisingly capable Shiba Inu ecosystem these days.

Crypto-based app activity is on the rise, with the number of veteran developers contributing code to the GitHub code gallery nearly doubling over the last three years, according to Electric Capital's latest developer report. But smart contracts innovator Ethereum (CRYPTO: ETH) utterly dominates the developer interest in every category, with Bitcoin (CRYPTO: BTC) in a distant runner-up spot and everyone else trailing far behind.

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Forget Shiba Inu: This Cryptocurrency Could Make You Rich
Stock Information

Company Name: Ethan Allen Interiors Inc.
Stock Symbol: ETH
Market: NYSE

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