After Ripple Are We Heading Towards Another Lawsuit Against Shiba Inu?

The crypto town sees a bright sunny morning, after a perpetual like gloomy overcast. The crypto market is currently portraying greener numbers. The market cap of the industry is currently at about $2.37 Trillion which is up by 2.4%. The top-10 digital assets are also exhibiting greener scores on the charts. 

Meme coins have been catching the wind of the market trends. Wherefore, top meme coins like DOGE, and SHIB have picked up the pace. The self-proclaimed Doge-killer Shiba Inu sees escalating impetus of the protocol with newer advertisements, integrations, and growth metrics. While a healthcare firm goes on a war against the makers of the meme coin.

 Will Shib Battalion Triumph Against The Critics’ Lawsuit? 

 A healthcare firm, Ask the doctor criticizes the meme coin Shiba Inu and the creators of the dog-based coin. The firm cites that they would sue Shytoshi Kusama and SHIB for scam and fraud. The healthcare firm has got into a war of words on a public platform with the makers and the Shib army. Ask the doctor has threatened to unmask the identity of the meme coin Shiba Inu founders by taking them to court. 

The firm’s legal team will be commencing a lawsuit against the meme coin team for libel. In retaliation, Shytoshi Kusama bashes Ask the doctor. He further questions the legitimacy of the verified Twitter handle of the healthcare firm. Citing that it is illegal to buy a verified account to scam people. Shytoshi Kusama makes a valiant statement by asking to get him if they really want to. 

In the series of heated arguments, the healthcare firm has also threatened to use its contacts at major exchanges to inform about SHIB. Ask the doctor cites the Shib army to be a bot army, and also challenge the founder to unmask himself. 

The fuss sparked a fire with the healthcare firm hosting a tesla giveaway for 1-year. Participants were needed to sell SHIB and use the funds to buy FLOKI, for any dollar amount. The firm has made announcements that they have officially eliminated SHIB from their balance sheet. They had earlier added 31 B SHIB on the first of the month. 

SHIB’s Woof Grows Louder?

An Austrian crypto exchange platform Bitpanda has been promoting the dog-based meme coin Shiba Inu, alongside Bitcoin. By running advertisements on trams in Milan, Italy. SHIB has been one of the top traded coins on the platform since its listing in October.

According to substantial sources, SHIB has become the third most used token behind USDT and USDC on the Ethereum network. While scripting over 78,000 unique users over the past week. In addition, Flexa will be helping GameStop in accepting cryptocurrencies in payments. With SHIB being among other digital assets to be accepted in the United States.

Collectively, Shiba Inu soaring to greater heights has been influential for aspiring digital coins in the game. Shib Army’s revolt against the health firm’s allegations enlightens the unity of the community. With growing initiatives by institutions in empowering Shiba Inu, we can look forward to another moonish run by SHIB in the near future.