A new meme coin called Manu SHIB is starting to gain interest, and it’s already getting support from some well-known names in the SHIB ecosystem.
Launched on July 2, the token runs on Ethereum and is quickly picking up momentum. In a recent YouTube video, crypto creator Zach Humphries shared his thoughts on the token’s early rise and explained why the SHIB community is paying close attention.
What you'll learn 👉
A Fast Start for Manu SHIB on Ethereum
Manu SHIB launched just days ago and has already reached a market cap of $28 million, with $1 million in trading volume.
The project runs on Ethereum, which the team behind it sees as the go-to chain for meme coins, despite rising competition from newer blockchains.
So far, Manu SHIB has no utility or use case. Like SHIB and PEPE, it’s being marketed as a pure meme coin.
But that hasn’t stopped people from jumping in, especially given its early numbers and growing online buzz.
SHIB Community Pushes the Hype
A major reason for Manu SHIB interest is the support it’s getting from the SHIB community. The project was featured in a Twitter Space where SHIB official account joined the conversation, which garnered over 10,000 live listeners.
Well-known community members like Xander, Ivan, and Ragnar have also shared posts about the project. With familiar SHIB influencers boosting visibility, Manu SHIB has started trending on platforms like CoinGecko and caught the eye of meme coin traders.
Hype-Driven, No Utility – But Traders Are Watching
Zach Humphries made it clear in his video that Manu SHIB doesn’t offer anything functional, it’s all about the meme.
But in the meme coin world, that’s not always a dealbreaker. Hype, timing, and community buzz often move the price more than any actual product.
Zach also disclosed that the video was sponsored, and reminded viewers to do their own research and not chase pumps blindly.
He pointed out that Manu SHIB could offer an opportunity for early traders, especially if Ethereum enters a bullish cycle.
Read Also: How Much Could 1 Billion Shiba Inu (SHIB) Tokens Be Worth by 2030 If You Buy Today?
Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.
