Shiba Inu Going Up Against Dogecoin And Tesla As Car Manufacturer Announces Support For SHIB

Mila October 14, 2024

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The world’s largest meme coin, Dogecoin (DOGE) could see even more heated competition from its primary rival, Shiba Inu (SHIB). According to Shiba Inu’s lead marketer, Lucie, SHIB could potentially surpass Dogecoin, especially with Tesla Chief Executive Officer (CEO), Elon Musk’s support for DOGE. This fierce competition would be driven by the potential integration of SHIB payments by the legendary automobile manufacturer, DeLorean Motors.

DeLorean Motors Teases SHIB Support

In an X (formerly Twitter) post on October 12, DeLorean Motors hinted at the possibility of accepting Shiba Inu as a payment option for their upcoming electric cars. In a seemingly playful challenge aimed at Dogecoin and Musk’s Tesla, DeLorean Motors suggested that since Tesla supports Doge payments, then maybe they might start accepting SHIB.

This statement creates a potential rivalry with Musk’s Dogecoin support, pitting the two top meme coins against each other as they are driven by the world’s most legendary automobile companies.

Stirring up excitement in another X post, Lucie suggested that if Shiba Inu can be a part of DeLorean Motors payment plans it could set the meme coin up for a massive growth spurt. She further fueled the competitive fire by highlighting a potential rivalry between Dogecoin and Shiba Inu, with Tesla backing DOGE and DeLorean Motors potentially supporting SHIB.

Lucie suggested that if DeLorean Motors decides to accept Shiba Inu as a payment for its electric cars, it would become a powerful statement that could push Shiba Inu’s status to new levels, potentially triggering widespread adoption and a subsequent price increase.

The Shiba Inu marketing lead has revealed that DeLorean Motors is making a comeback with its iconic DeLorean DMC-12 sports vehicle, aiming to turn it into an electric car. This innovative merger of retro and futuristic electric car technology is set to make a significant impact in the tech world.

Shiba Inu Vs. Dogecoin And Tesla

With Shiba Inu poised to capitalize on a possible integration into DeLorean Motors’ payment system, Lucie has hinted that the meme coin could surpass Dogecoin with Musk’s Tesla support. Earlier in May 2024, Tesla updated its website to begin accepting DOGE as payment for certain products available in its merchandise shop.

This unexpected change caused reverberations in the meme coin market and crypto space as a whole, considering Musk’s previous public support of Dogecoin in April 2019. Based on Lucie’s recent post, if Shiba Inu gains a similar experience with DeLorean Motors, it could be a game changer for the SHIB community and the meme coin’s market value.

Moreover, DeLorean’s potential support and influence could expose Shiba Inu to new high-value markets and increase global adoption of the meme coin. While Lucie has admitted that DeLorean’s potential integration of SHIB payments remains speculative and unconfirmed, she remains highly optimistic.