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Dogecoin triggers demand for Shiba Inu dogs

Dogecoin skyrockets demand for Shiba Inu dogs

2 min of reading

The popularity of cryptocurrency meme Dogecoin (CRYPTO: DOGE) has caused demand for Shiba Inu dogs to rise, but breeders are concerned about the growing number of cases of dog mistreatment, abuse and neglect, Coin Rivet reports.

What has happened

Jeri burnside, co-founder of the Southern California Shiba Club and Southern California Shiba Rescue, was quoted by Coin Rivet as saying that indiscriminate volume breeding by “puppy mills and private breeders” could make a popular breed of dog become become a ‘fad’.

Poorly bred dogs can suffer from a variety of health problems, including the possibility of developing glaucoma.

Burnside added that inexperienced dog owners lack knowledge of the temperamental characteristics of the Shiba Inu breed has compounded the crisis.

Shibas will never be completely reliable off-leash, as they are a Japanese hunting dog breed that was developed with the genetics of wolves, as noted.

Now rescue organizations are struggling to deal with the influx of poorly raised, unsocialized and uneducated Shibas who are abandoned by their owners, according to Burnside.

Also read: Are dogecoin inflation concerns overblown?

Because it is important

The Shiba Inu breed is experiencing high demand from dog lovers, courtesy of the CEO of Tesla Inc. (NASDAQ: TSLA), Elon Musk, and the popularity of Dogecoin, a Shiba Inu-themed cryptocurrency. Musk announced in June that he had adopted a Shiba Inu dog named “Floki.”

Dogecoin was born as a joke in 2013 and has risen to fame this year, largely due to Musk’s support. Cryptocurrency meme it has shot up an impressive 4,917.5% so far this year.

The movement of prices

Dogecoin is up almost 0.5% in the last 24 hours and was trading at $ 0.2860 the last time it was consulted.

Next, we recommend you read: Bitcoin, Ethereum and Dogecoin are trading today unchanged

Tammy Sewell is our Writer and Social at OICanadian.com. Tammy loves sports, she writes our celebrities news. She spends time browsing through several celebs news sources as well the Instagram. Email: [email protected] Phone: +1 513-209-1700

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