SHIB, Dogecoin copycat token hits almost 60% increase within 24 hours on Sunday. More so, this results to hitting a new all-time high of US$0.00004442. Additionally, DOGE also surged over the weekend.
Currently, SHIB was trading at around US$0.00004108 at press time. Also, it’s currently the 13th largest token by market cap, according to data from CoinMarketCap.com.
Furthermore, this new surge is coming right after its previous record above 3,400% in just over a week in May to reach US$0.00003503. That’s of course, before seeing sharp decline few days later. So, SHIB recent surge is seeing its price move over 300% in under a week.
Notably, Stock and crypto trading platform Robinhood shows support for Shiba. Which of course, signals it may be listing SHIB soon.
Meanwhile, SHIB isn’t the only dog meme token spiking this weekend. Also, DOGE is seeing a 8% price jump to US$0.2687 in a few hours.
Also, DOGE’s price after retracing to its former position before the jump, today is seeing 12% gain, reaching a high of US$.02819.
Meanwhile, as SHIB looks to retrace also, DOGE trades at around US$0.2754 currently.
Lastly, Dogecoin came on in 2013 as a joke on Bitcoin. After DOGE’s massive surge earlier this year, through Elon Musk’s tweet.
Also, Many other copycat tokens comes on board hoping to levwrage the new pattern of cryptocurrency memecoins. However, SHIB looks to be the most successful for now.
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