Top mainstream meme coins Shiba Inu (SHIB) and Dogecoin (DOGE) have witnessed fierce competition since the grandiose meme coin rally in March, 2024. While some animal-themed coins quickly rode the hype and faded away, the constant meme coin price swings left only those with strong fundamentals.
Shiba Inu Styled VINU To Land On Binance
Vita Inu (VINU), a blue dog-themed meme coin on the BNB chain, emerged as one of the few double-digit gainers on Wednesday. The small-cap memecoin soared by 55% in a matter of 45 minutes to tackle a new weekly high of $0.00000003484, while the trading volume picked up pace to reach $14.3 million on Spot.
The market sentiment defying momentum for Vita Inu (VINU) came immediately after Binance announced four new projects for the pre-listing pool, dubbed as Binance Alpha. The blue dog-embossed meme coin was recognized by Binance for fast transactions and its OG status as one of the first meme coins on the BNB chain back in 2021.
Hidden Gem Or Yet Another Shiba Inu Clone?
Currently at a $24 million market cap, Vita Inu (VINU) is barely making it to the TOP 1000 by cryptoโs global market capitalization. However, the 4-year old BNB meme coin enjoys a huge audience of 167.4K followers on X.
Additionally, holders tend to engage in community-driven token burning activities to reduce the massive supply, taking inspiration from the Shiba Inu (SHIB) community. According to the latest records, over 100T Vita Inu (VINU) tokens have been burned, standing for 8.9% of the supply.
Regarded as the โOG memecoinโ of the BNB chain by crypto connoisseurs like Gem Detecter, the Shiba Inu-inspired Vita Inu (VINU) is already listed by a selection of big names in crypto. Landing listings on KuCoin, Bybit, MEXC, HTX & Gate.io the meme coin still backpedaled over 80% from the all-time high of $0.0000000738, inked three months ago.
While meme coin price roller coasters are nothing new, Vita Inu (VINU) has a fair shot at longevity due to a loyal community and unique traits.
Operating on Directed Acyclic Graph (DAG) technology, VINU offers users a zero-fee transaction system, based on staking requirements. With an all-round decentralized finance (DeFi) ecosystem, the blue crypto dog could throw down the gauntlet to the big dogs like Shiba Inu (SHIB) & Floki Token (FLOKI), both known for their own decentralized finance (DeFi) platforms and exquisite scalability.
On The Flipside
- The Shiba Inu-themed VINU memecoin has an enormous supply of 899.59T, which is nearly twice as much as the original Shiba Inu (SHIB) token.
Why This Matters
Meme coins resemble an underlying trend in the effervescent crypto sphere, building a community linked to the token, whether itโs pure hype or utility-based initiatives.
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