Meme-Crypto Wars: Dogecoin and SHIB Prices Falter, Cake Monster Jumps Over 80...
In 2021, meme-based crypto assets skyrocketed in value following the lead of the original meme crypto-asset dogecoin’s massive gains. This week a great number of digital currencies have rebounded in price but a slew of popular meme tokens are not doing so hot this week. However, one specific meme-crypto called “cake monster” has jumped 112% in value during the last 24 hours. Dogecoin and Shiba Inu Markets Have Seen Better Days Bitcoin.com has covered a wide variety of meme-based cryptocurrencies that followed the ‘Dogefather’s’ 8,818% one-year....
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Shiba Inu (SHIB), one of the most popular meme coins, soared to an all-time high for the first time since May 11. The meme coin reached new heights of $0.00004432 over the weekend. SHIB was up over 50% in just 24 hours, according to the pricing from CoinGecko. Related Reading | Shiba Inu Outranks Chainlink And Takes Place In Top 15 Crypto-Assets With a market cap of $21.4 billion, Shiba Inu is currently the 13th biggest cryptocurrency. It is getting closer to Dogecoin, which is now in 11th place with a market cap of $33.86 billion. Both coins, however, can be quite volatile. It is....
While the dogecoin’s token price has floundered during the last seven days, the meme-coin’s rival shiba inu (SHIB) has moved up the ranks in terms of weekly gains. Dogecoin has shed 5.8% during the last week, but shiba inu has spiked 21.3% during the course of the week and 21.1% in the last 24 hours.
Shiba Inu Gains 21% in 24 Hours
Two days ago, Bitcoin.com News covered the DOGE market action concerning dogecoin’s four-legged fall in recent times. Weekly stats show dogecoin (DOGE) is still down 5.8% during the last seven days but it is still the largest....
The top meme tokens by market capitalization saw a significant jump on Monday after being fueled by dogecoin’s recent price rise. Crypto meme coins like shiba inu, dogelon mars, and floki inu saw 2-13% gains over the last 24 hours. The entire meme token economy is worth $35.8 billion, up 9.4% today.
Meme Token Assets See Double-Digit Gains on Monday Following Dogecoin’s Rise
Following Elon Musk’s acquisition of Twitter for $44 billion, digital currency markets jumped in value and crypto meme tokens saw a significant spike. 24-hour statistics at 4 p.m. (ET)....
BlueWhale0073, an Ethereum investor, continues to invest in Shiba Inu, purchasing 219 billion meme tokens. The whale also made a purchase of 50 billion SHIB on 20th April. His most recent acquisition of the canine cryptocurrency is almost 5x bigger than the one made last week. WhaleStats has confirmed that an impressive amount of SHIB (219,332,229,787) equivalent to $5,454,792 was sent to the whale’s wallet. He had earlier added 86 billion SHIB worth $2,111,500 to his wallet on April 23. Related Reading | Dogecoin (DOGE) Jumps 30% After Elon Musk Buys Twitter The owner of the....
There’s an ongoing meme coin war and it pits a lesser known coin against two other well-entrenched cryptos in the space today. FLOKI is a crypto based on Elon Musk’s dog that has the same name Floki Inu’s market cap is less than $1 billion The crypto has been on a decline after it bottomed in June 2022 Floki Inu (FLOKI), a meme crypto that was inspired by the dog of self-proclaimed “Dogefather” Elon Musk, is aiming to surpass Dogeoin (DOGE) and Shiba Inu (SHIB). That could prove to be easier said than done as it is losing to its fellow dog-themed cryptoccurencies in several....