I'm just gonna say a little bit in response to the constant argument being spread in the thread - Shibecoin has been analyzed through and through, to a higher degree of scrutiny than just about any new coin in recent memory. I think this is a great thing - the bar has been set awfully low by poor quality developers in the past. This is why the coin devs are happy to have been subjected to the scrutiny, and this is why the coin has been shown to be 100% legit after countless analyses and investigations. But it's time to move on. The coin is moving into its Proof-of-Stake phase soon, and Shibecoin will show the naysayers beyond any doubt that happens when talented developers and a talented community come together to work toward something great. 
Only an idiot would call this a '100% legitimate coin'. A legitimate coin has a long term plan that is posted in well advance so people can see what the coin is about. This is just a cheap Doge copy for the dev to cash in on and offers nothing, just like 100 other clone alts with no long term plan. The ninja launch with 56 blocks insta-mined before the announcement and the highest blocks rewards at the start make that obvious. As soon as the PoW is over, they will cash in and this coin will be forgotten as quick as it started. To release this shitcoin the same day as Doge was introducing their NASCAR team shows how classless they are in their attempt to make a quick profit.