Cryptocurrency has seen a massive surge in popularity in recent years, with meme coins becoming a significant part of this story. One such coin that has made headlines is Shiba Inu (SHIB), whose stratospheric rise captured the world’s attention. It’s a tale of community building, hype, and astronomical gains, providing lessons and hope for newer projects such as Hollywood X PEPE, which is creating a buzz in its presale stage.
Shiba Inu (SHIB), a decentralized meme token, was created in August 2020 by an anonymous person known as “Ryoshi.” The coin, which started as a joke, features the Shiba Inu dog breed from the popular “Doge” meme as its logo.
The token’s journey to popularity began when Ethereum founder, Vitalik Buterin, burned 90% of his SHIB tokens, significantly reducing its supply. This sparked a surge in interest and the price skyrocketed, earning the coin the nickname “Doge killer.”
The success of SHIB cannot be attributed to hype alone. A massive factor driving its growth was the community surrounding it. The Shiba Inu community, or the “SHIB Army,” as they call themselves, rallied behind the coin, promoting it and driving its value up.
Drawing inspiration from the success of Shiba Inu, a new meme coin, Hollywood X PEPE, is emerging as a potential game-changer. Just like SHIB, Hollywood X PEPE has a strong community backing it and is leveraging the power of meme culture, this time infusing it with the glamour of Hollywood.
Hollywood X PEPE is currently in its presale stage, providing an opportunity for early investors to become part of the project before its official listing. This stage presents a unique chance for potential investors to get in on the ground floor of a promising project, similar to the early days of Shiba Inu.
There is a growing optimism surrounding Hollywood X PEPE, with many in the crypto community believing it has the potential for exponential gains, similar to SHIB’s trajectory. This meme coin, backed by a strong community and a solid foundation, stands to offer a real utility and value proposition.
The tale of Shiba Inu’s meteoric rise offers a template for newer projects like Hollywood X PEPE. With a strong community, a distinctive meme culture infusion, and a well-executed presale, Hollywood X PEPE could be on the verge of a substantial growth trajectory.
However, it’s essential to remember that investing in cryptocurrency always involves risk. While the potential for significant gains exists, investors should do their due diligence and only invest what they can afford to lose. The world of meme coins is as volatile as it is exciting, but with careful planning and research, it can also be incredibly rewarding.
The content featured on Coinpedia's press release page is provided for informational purposes only. Coinpedia does not endorse, verify, or take responsibility for the accuracy, completeness, or reliability of any press releases or associated materials. Any views, opinions, or statements expressed in these press releases are those of the respective issuers and do not reflect the opinions or positions of Coinpedia. Coinpedia is not liable for any content, products, services, or actions mentioned in the press releases. Readers should independently verify the information before taking any actions related to the subject matter of the releases.
Crypto markets often reveal their next move when leaders pause. Assets that once drove the…
Bybit, one of the world’s largest crypto exchanges, will start phasing out services for Japanese…
Bitcoin’s price action in Q4 2025 has looked very different from previous years. After starting…
Two crypto wallets lost a total of $2.3 million in USDT in a rapid on-chain…
Blockchain security company CertiK has issued an important warning after detecting a suspicious on-chain incident…
Bybit is preparing to leave Japan. One of the world’s largest crypto exchanges has confirmed…
