Over the years, we have seen many altcoins appear in the world of cryptocurrency. Some were even imitators or clones of other coins. ShibeCoin has always been labelled as a DogeCoin rip off, but that opinion might need to be changed now that the community has taken over the coin.
Even though I never considered ShibeCoin as a DogeCoin rip off myself, I can see where the sentiment is coming from. Either way, the previous developers have let things slip a bit and the coin lost most of its value as a result. The community decided to take over the coin on August 4th, so let’s see how things are going for them.