Bitcoin News and Finance
As DOGE, SHIB Markets Fall Back, Baby Doge Coin and Dogelon Mars Prices Skyrocket Skip to main content

As DOGE, SHIB Markets Fall Back, Baby Doge Coin and Dogelon Mars Prices Skyrocket

As DOGE, SHIB Markets Fall Back Baby Doge Coin and Dogelon Mars Prices Skyrocket

Following shiba inu’s 260% gains during the last 30 days, the third-largest meme-based crypto asset in terms of market capitalization, baby doge coin (BABYDOGE), has taken the lead in terms of market performance. Another meme asset, dogelon mars (ELON) has soared 286% this past week. Moreover, during the last seven days, baby doge coin’s price spiked 40% in value and over 3.4% in the last 24 hours.

This Past Week Dogelon Mars and Baby Doge Coin Soared in Value

While bitcoin (BTC) has spiked over the $60K zone and currently rests above $62K per unit, a number of other crypto-assets have followed the leading digital currency’s rise. The original and popular meme-based crypto-asset dogecoin (DOGE) has increased in value 6.4% during the last week, but two other meme cryptos have skyrocketed in recent times.

As far as the top meme-based crypto assets, in terms of market capitalization, two unique tokens have seen massive gains. The spikes in value follow the second-largest meme-based crypto shiba inu’s (SHIB) significant rise a week and a half ago.

The first-largest mover as far as meme currencies are concerned is dogelon mars (ELON), which has increased by 73.6% in the last 24 hours. Weekly stats show ELON is up a whopping 314.8% in value and the crypto asset trades for way less than a U.S. penny at $0.000000619134 per unit.

While dogelon has made it to the third-largest market cap in terms of meme-based crypto assets, ELON’s cap is only $332 million. That’s a far cry from SHIB’s $14 billion market valuation and DOGE’s $32.5 billion.

Baby Doge Moves Up the Ladder to the 4th Largest Meme Currency Market Cap

On August 28, 2021, coingecko’s “Top Meme Tokens” by market cap indicated that dogelon mars held the eighth largest market position. Today, dogelon mars is holding the third spot, but by only $12 million, as the crypto asset baby doge coin (BABYDOGE) has captured the fourth position with $310 million.

BABYDOGE is up 40% this past week and over 3.4% during the last day. Just like ELON, the crypto asset baby doge coin is also trading for less than a U.S. penny. At the time of writing, BABYDOGE is swapping for $0.000000001700 per coin and during the last day, it saw $9,062,901 in 24-hour trade volume.

Meanwhile, SHIB has dropped 6.8% this past week and DOGE is down 3.0% over the last 24 hours. As far as market performance is concerned, dogelon mars and baby doge coin are outshining their predecessors.

What do you think about dogelon mars and baby doge coin spiking in value during the last week? Let us know your thoughts about this subject in the comments section below.

Labels:

Comments

Post a Comment

Popular posts from this blog

Custodial Lightning Network Service Attack Discovered by LN ‘Newbie’ — Hacker Strikes 6 LN Custodians

On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real routing fees and service’s transaction fee can be exploited for a profit.” The researcher disclosed that he wanted to see how large the damage could be and said “it is bad.” 6 Lightning Network Custodial Services Attacked, Researcher Discloses Findings to Offenders Prior to Public Disclosure A Redditor called Reckless Satoshi published a disclosure post on r/bitcoin this past Saturday and disclosed how he had found a vulnerability with routing fees and some of the Lightning Network’s custodial services. The research attack was done in good faith and after it was complete he disclosed the bugs to the offending services before publishing his findings. Reckless Satoshi used the Lightning Network (LN) attack on six different services incl...
Post a Comment
Read more

Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors

Last week, the game token leveraged within the Axie Infinity gaming universe skyrocketed to all-time highs, while other crypto markets remained extremely lackluster. During the last seven days, Axie Infinity’s platform token has dropped significantly in value shedding more than 12%. Meanwhile, the game platform’s smooth love potion token has slid over 8% over the last 24 hours. Axie Infinity Down More Than 40% Since All-Time High Not too long ago, the axie infinity (AXS) token was a topical conversation because it reached an all-time high on July 15. At the time, AXS managed to capture $28.93 per unit and since then it has shed 12.8% during the last seven days. The axie infinity (AXS) token is used within the blockchain-based game that involves battles between token-based creatures called “Axies.” AXS is used for the game’s governance system as well as other actions within the game. At the time of writing axie infinity (AXS) is exchanging hands for $16.70 per coin. AXS/USD on Ju...
Post a Comment
Read more

Play-to-Earn Game From Polker (PKR) Exchange Listing – Endorsed by Akon

The Play-to-Earn NFT based Polker.Game ‘s native token $PKR has been officially listed on the popular centralized exchange BitMart. Polker.game has been in the spotlight recently as Akon, the American R&B superstar and record producer gave his official endorsement of polker stating that the “game is revolutionary” and that Polker is “hands down.. the best play to earn, NFT game in the space.”. With the BitMart listing and celebrity endorsement from Akon, Polker is perfectly positioned to become a major player in the Play-to-Earn league. Watch Akon’s Video Here What is Play-to-Earn? Although not a new concept, play-to-earn has become a trending term due to the popularity of the NFT game AXIE infinity. In the past, previous play-to-earn games have also achieved success – however, thanks to the huge amount of development in the blockchain space in recent years the gaming experience is now massively improved. Play-to-Earn games are essentially free to play and open to anyone and...
Post a Comment
Read more

China to Crack Down on Copyright Infringement Through NFTs

Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments. Regulators in China Move to Strengthen Copyright Supervision of Online Platforms The National Copyright Administration of China (NCAC) has recently launched a campaign against copyright infringement and piracy on the internet, together with the Ministry of Industry and Information Technology, the Ministry of Public Security, and the State Internet Information Office of the People’s Republic. A major objective of the initiative is to improve copyright supervision of online businesses by investigating cases involving the sale and distribution of infringing products on short video, live broadcast and e-commerce platforms, and promptly dealing with infringing content, the agency announced in a press r...
Post a Comment
Read more
Blogarama - Blog Directory