VANCOUVER, BC, Nov. 4, 2021 /PRNewswire/ — USA News Group – Shortly after Facebook changed its corporate name to Meta Platforms, Inc. (NEO: FACE), cryptocurrency investors saw the rebranding as a sign of growing acceptance of the metaverse trend. This coincided with a rising interest in altcoins and meme coins such as Dogecoin (DOGE) and its dog-faced competitor Shiba Inu (SHIB) saw sharp rallies, causing Robinhood Markets, Inc. (NASDAQ: HOOD) to field questions about when they’ll add more of these coins to its trading platform. As the two dogs duke it out, Coinbase Global, Inc. (NASDAQ-NMS: COIN) already now supports Shiba Inu, and Hello Pal International Inc. (CSE: HP) (OTC: HLLPF) has primary exposure to mining DOGE. Meanwhile popular theater chain AMC Entertainment Holdings, Inc. (NYSE:AMC) is officially already accepting DOGE and is considering accepting SHIB as well.
Despite having the same breed of dog as their respective avatars, DOGE and SHIB are quite different. DOGE is a coin, not a token, meaning it has its own chain that enable it to be mined. Whereas SHIB is a token, existing on the Ethereum (ETH) blockchain. One of the biggest differences between the two is supply, where SHIB has one quadrillion in supply, whereas DOGE has a current supply of ~132 billion.
Busy creating new DOGE coins, is Hello Pal International Inc. (CSE: HP) (OTC: HLLPF), which in October announced they’re in the process of upgrading their Litecoin/Dogecoin mining rigs to…
