Shiba Inu is experiencing continued tepid price action even after the announcement of a new Decentralized Autonomous Organization (DAO). Market experts, however, are showing bullish sentiment towards a new meme coin, forecasting better performance and interest compared to Shiba Inu.
The Shiba Inu community had high hopes that the introduction of the DAO would reinvigorate the coin's price and spur investor interest, but the immediate impact has been underwhelming.
As the cryptocurrency market remains skeptical, attention is shifting towards emerging meme coins that could potentially outperform Shiba Inu in the near future.
