Memecoins, led by Dogecoin (DOGE) and Shiba Inu (SHIB), have been among the biggest movers in this week’s rally, gaining more than 20% in market cap as a token category over the past 24 hours, Tuesday morning Asia time, according to CoinGecko. Fast facts SHIB was one of the strongest performers, gaining almost 30% in…
Bonk will join Ethereum-based memecoins such as Dogecoin and Shiba Inu on the platform.
Bitcoin dipped below US$28,000 in mixed Tuesday morning trading in Asia. Ether rose. Dogecoin surged after Elon Musk switched the Twitter icon to Dogecoin’s Shiba Inu.
Bitcoin and Ether dropped in Wednesday afternoon trading in Asia amid losses among all top 10 cryptocurrencies by market capitalization, excluding stablecoins, led by Shiba Inu.
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Dogecoin’s price has soared to $0.11, marking a significant increase and making it one of the top gainers in the cryptocurrency market.
Bitcoin edged lower on Tuesday morning in Asia to trade below US$26,000. Ether dipped to near the US$1,600 mark.