Compare Shiba Inu (SHIB) vs UNUS SED LEO (LEO)

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.

LEO token is a utility token for the Bitfinex exchange platform. LEO as a utility token, helps Bitfinex users to pay fewer fees. Bitfinex exchange platform is owned by the company IFinex. IFinex announced that they will buy back and burn the coins monthly with at least a quarter of the company's gross revenue. Burning coins makes LEO coin deflationary and its price is expected to increase over time because of decreasing supply.