Saturday, July 27, 2024
HomeBusinessMeme tokens and dogcoins flood the market as price wars heat up...

Meme tokens and dogcoins flood the market as price wars heat up By Cointelegraph

Date:

Related stories

Guide to Using Essential Oils for Skincare

Essential oils are famous for skincare. They come from...

Signage for businesses – Services and their benefits

Signage is a form of advertising that conveys the...

OPSC Recruitment 2024: Apply Online for Latest Vacancies

The Odisha Public Service Commission (OPSC) has announced its...

Why It’s Important for Teachers to Teach Social and Emotional Skills

Academic knowledge alone is not enough to prepare students...

How Religion Supports and Shields Children’s Mental Health

In the UK today, many parents and foster carers...

[ad_1]


Meme tokens and dogcoins have been an integral part of the ongoing market-wide bull run in the cryptocurrency markets. Among the plethora of these tokens that have been flooding the market, two of these tokens, the longer-standing memecoin (DOGE) and (SHIB), have gained the most traction and popularity.

Most recently, SHIB started rallying on Oct. 23 from trading $0.000028 to hitting an all-time high of $0.000086 on Oct. 28. The token has since cooled down to exchange hands at $0.000052. Despite that, the token has posted 195.5% gains in the last 30 days and an incredible 72,954,679.8% yearly gains.