Kriptoks

Shiba Inu (SHIB) is an ERC20 token that has gained popularity as a meme token created to compete against Dogecoin. In response, Doge Eat Doge (OMNOM) has emerged as the first meme token on Dogechain to challenge SHIB.

The OMNOM token has a unique feature: 69% of its supply has been burned to Vitalik Buterin, the founder of Ethereum, on Dogechain. This move adds an element of unpredictability to the project since Buterin's involvement in Dogechain could significantly impact the token's value.

On DogeSwap.org, 31% of the OMNOM token supply has been added to a pool for trading. This allows users to buy and sell the token in a decentralized way, without the need for intermediaries.

It's important to note that the OMNOM token is a community parody project created for entertainment purposes. There is no "team" allocation of the token, and there are no guarantees of future development. While the token may have the potential to become something more in the future, buying it at this time could result in a 100% loss.

Despite this disclaimer, the OMNOM token has attracted a following among meme token enthusiasts who enjoy the novelty of the project. It's also interesting to note that the token has a unique burn feature that sets it apart from other meme tokens on the market.

In summary, Shiba Inu (SHIB) and Doge Eat Doge (OMNOM) are both ERC20 tokens that have emerged as meme tokens in the cryptocurrency market. While there is some novelty and entertainment value associated with these tokens, investors should approach them with caution due to their speculative nature and lack of guarantees.