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DeLorean Motors Teases SHIB Payments: Shiba Inu vs. Dogecoin in EV Market

DeLorean Motors Teases SHIB Payments: Shiba Inu vs. Dogecoin in EV Market

EthnewsEthnews2024/10/15 18:06
By:By Dennis GraceEdited by John Kiguru
  • DeLorean Motors has teased the possibility of accepting Shiba Inu as a payment option for its upcoming electric vehicles.
  • Lucie believes that if DeLorean Motors opts to support SHIB payments, it could challenge Dogecoin’s dominance in the memecoin market.

The memecoin industry is about to witness the Memecoin Battle Royale between two of the most popular memecoins, Dogecoin, and its greatest rival, Shiba Inu. Placing a bet on Shiba Inu, Shiba Inu’s Market lead, LUCIE supposes SHIB is poised to surpass Dogecoin. This insight is filed by speculation that the legendary automobile manufacturer, DeLorean Motors, will integrate SHIB payments for its upcoming electric vehicles (EVs). 

This new development could shake the crypto and vehicle industry alike, as the two are now meeting at neutral ground as they vie for dominance, driven by two iconic automakers, Musk’s Tesla and John’s DeLorean.

Heightened discussions swarmed the social media following a cryptic post on the X platform teasing that the company may begin accepting Shiba Inu as a payment option. In what appeared to be a playful jab at Tesla and its support for Dogecoin. 

Elon may support Doge DeLoreanlabs supports SHIB! We were the original Cyber Truck and Model X. Maybe we should accept SHIB for our cars!

No better time to state that the competition for memecoin supremacy has commenced. This tease came in the form of a challenge to Dogecoin and Tesla’s CEO, Elon Musk, whose vocal support for DOGE has in a great way boosted its popularity and price value.

Adding fuel to the fire, Shiba Inu’s lead took to the X platform stoking the flames of this emerging rivalry.  In an X post, LUCIE started to talk about the potential growth that awaited the $10.85 billion digital asset if DeLorean Motors officially adopts SHIB as a payment method. According to Lucie, this move would position Shiba Inu to compete directly with Dogecoin, not only in the crypto space but also in the electric vehicle market.

The potential of SHIB payment is becoming more interesting given DeLorean’s planned comeback. Launched in 1975, the company is set to reintroduce its iconic DeLorean DMC-12 sports car, this time as a fully electric vehicle. 

This is the same company that has posed threats to the great likes of Ferrari, and Porsche. If Shiba Inu were to be part of this transformation, it could propel the meme coin into the spotlight and attract attention from new markets.

DeLorean isn’t just playing around—they’re making serious moves in the electric vehicle world. And if they link up with Shib, it could be a game-changer for both the brand and the Shib community. The future’s looking more exciting by the minute! Buckle up, Shib army—something big could be coming soon! LUCIE stated

Meanwhile, SHIB is swapping hands with $0.0000184 marking a 2.47% surge in the past 24 hours.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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