This P2E coin named after Elon Musk’s pet “Floki” is up over 200% today – Dogecoin – US Dollar ($DOGE)
Dogecoin (CRYPTO: DOGE) and shiba inus (CRYPTO: SHIB) traded muted on Wednesday night after the US Federal Reserve signaled it could start raising interest rates as early as March.
However, some of the counterfeit coins are seeing strong gains, with NinjaFloki (CRYPTO: NJF) up 212% in the past 24 hours to $0.000009156.
What happened: NinjaFloki won over 210% each against Bitcoin and Ethereum. The coin is the second biggest gainer among all cryptocurrencies in the past 24 hours, according to data from CoinMarketCap.
NinjaFloki, in numbers:
- 24/7 performance: +212.2%
- 7-day performance: -82.6%
- Performance over 30 days: +505.4%
- Cumulative performance since the beginning of the year: +315.5%
Floki is the name of Tesla Inc. (NASDAQ: TSLA) CEO by Elon Musk Shiba Inu dog pet.
For comparison, Dogecoin is down 0.9% in the past 24 hours, trading at $0.1416 at press time. Self-proclaimed “Dogecoin killer” Shiba Inu lost 1.3% in the 24-hour period to $0.00002073.
See also: How to buy Dogecoin (DOGE)
Why is this important: NinjaFloki describes itself as a gaming-based passive income-generating cryptocurrency that rewards its holders with Binance USD.
The project behind the token says it continues to work on game development and recently shared the demo of its first play-to-earn game.
Read next: Dogecoin plans transition to proof-of-stake; Ethereum’s Vitalik Buterin helps