In a monumental recognition, India’s largest crypto exchange has officially crowned the Shib Army as the strongest community on Elon Musk’s social media platform, X, highlighting the community’s unwavering strength and unity while solidifying its position as the rising titan of the crypto sphere.
WazirX, a member of the Binance group and India’s premier crypto exchange established in 2018, has rapidly ascended to become the most trusted platform in India’s burgeoning crypto landscape. Recently, the exchange unveiled a groundbreaking recognition for Shib Army through X (formerly known as Twitter).
This accolade stems from a poll orchestrated by WazirX on the influential social media platform, aiming to identify the most resilient community amid the heightened optimism in the cryptocurrency market.
Starting last Wednesday, WazirX launched an interesting poll on X (formerly Twitter), posing the question: “Among these memecoin projects, which community stands out as the strongest on X?” The exchange curated a compelling selection of eight leading crypto assets for participants to choose from, including $BOB, $SHIB, $FLOKI, $LOVELY, $BOME, $PEPE, $DOGE, and $BONK, sparking lively discussions and inviting the crypto community to voice their opinions and champion their favorites.
The poll garnered an impressive 5,264 votes, with Shiba Inu emerging as the clear frontrunner, capturing 48.3% of the total votes. Dogecoin secured the second position with a strong showing at 39.7%, while Floki and Pepe closely trailed behind at 32.7%. BOME claimed 15.9% of the votes, followed by BOB with 13.6%, BONK at 11.6%, and LOVELY rounding out the list with 5.4%.
The Shib Army, renowned for its unwavering loyalty and tenacity within the Shiba ecosystem, has consistently demonstrated its strength and influence over the years. This formidable community’s no-holds barred support led to a temporary halt of Shibarium, SHIB’s layer-2 scalability solution, shortly after its launch last August. The unprecedented and immense support from the community proved to be so overwhelming that the nascent blockchain had to pause its operations to accommodate the unexpected and overwhelming demand.
WazirX’s endorsement of the Shib Army elevates the community’s stature, affirming its influential role and fostering heightened investor trust in SHIB. This recognition not only energizes Shib Army members, boosting engagement and morale but also amplifies the community’s visibility, attracting a broader audience within the crypto space. Furthermore, this accolade may catalyze strategic partnerships and collaborations, capitalizing on the Shib Army’s expanding influence to solidify its position as a formidable player in the competitive cryptocurrency landscape.
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Yona has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Daily is an official media and publication of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.