Compare Shiba Inu (SHIB) vs Synthetix (SNX)

Shiba Inu is the second most popular mem coin after the Doge coin. Shiba coin is the biggest competitor and alternative meme coin to Doge coin and is also referred as "the Dogecoin killer". Shiba Inu is an Ethereum-based altcoin. Shiba Inu was created in August 2020 and since then its price sky-rocketed up to 100X. Vitalik Buterin was sent half of the total Shiba Inu supply at the beginning. Buterin burnt 90% of his Shiba coins and donated the rest of the coins for India during the Covid-19 pandemic.

Synthetix is a protocol built on the Ethereum blockchain. Synthetix is a platform where users can purchase digitalized US stocks or other commodities in exchange for cryptocurrencies. Digitalized assets are called synthetic assets and are traded on a decentralized exchange called Kwenta. SNX is an ERC20 token.