This Meme Knockoff Coin Is Up Over 100% Today Even As Dogecoin And Shiba Inu Trade Is Muted – Dogecoin – US Dollar ($DOGE)

Dogecoin (CRYPTO: DOGE) and shiba inus (CRYPTO:SHIB) traded smoothly on Sunday night with other major cryptocurrencies.

However, some of the counterfeit coins are making gains, with Black Shiba Inu (CRYPTO: SHIBB) up 105% in the last 24 hours to $0.00000005747.

What happened: Black Shiba Inu jumped over 100% each against Bitcoin and Ethereum.

Black Shiba Inu, In Numbers:

  • Round-the-clock performance: +105.0%
  • 7-day performance: +188.9%
  • 30-day performance: +77.5%
  • Cumulative performance since the beginning of the year: +70.5%

For comparison, Dogecoin is down 3.0% in the past 24 hours, trading at $0.1380 at press time. Self-proclaimed “Dogecoin killer” Shiba Inu lost 4.9% in the 24-hour period to $0.00002051.

See also: How to buy Dogecoin (DOGE)

Why is this important: Black Shiba Inu describes itself as a meme piece plus utility in the cryptocurrency realm. The token indicates that its top ten holders will be rewarded with the “Bone” token which can then be traded on PancakeSwap.

The coin recently announced on Twitter that it will be posting some updates regarding Metaverse, non-fungible tokens (NFTs), and gaming in February.

Read Next: Crypto Analyst Justin Bennett Says Bitcoin Will Surpass $40,000 By Monday

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