This Dogecoin And Shiba Inu Knockoff Coin Is Up Over 200% Today

This Dogecoin And Shiba Inu Knockoff Coin Is Up Over 200% Today

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Canine lovers are upbeat, and so are Dogecoin and Shiba Inu have breached the roof on Monday evening along with other major cryptocurrencies. Today, DOGE and SHIB have surged by 200% in what constitutes a real knockoff.

Robot Shib Swap up 229% in 24 hours

Other knockoff coins are also doing better and seeing solid gains. Robot Shib Swap (CRYPTO: RBSHIB) is up 222.9% during the past 24 hours to $0.0005126. In 24 hours, it rose +210.1% against Bitcoin +204.8% against Ethereum. It saw a gain of +40.2% in one week, while the past month saw a -29.9% change.

In comparison, DOGE has gained 2.2% in the past 24 hours and traded at $0.1490 at press time. In addition, the famed Doge killer coin, Shiba Inu, has also gained a value of 3.8% over the 24 hours to $0.00003053.

The meteoric rise of Robot Shib Swap is essential. The coin describes itself as a decentralized exchange on the Binance Smart Chain (BSC) that enables its token holders to trade, earn and win cryptocurrencies — retweeting a post which shows that it is among the top-performing tokens on the BSC on Monday.

Positive sentiments are helping to focus attention on the crypto sector once again. Meme coins such as DOGE and SHIB have made significant, essential gains. As of 11 a.m. ET, these two meme coins had appreciated 9% and 6.5%, respectively, over the past 24 hours.

ROBOT SHIB is a meme token that will have utility (e.g. Build NFT, NFT Marketplace, SWAP, FARM, ….). $RSHIB has a very strong community and a very hard-working team whose sole goal is to make this a success.

Shiba Inu Emerging As a Meme Coin Leader

Shiba Inu (SHIB) is the most traded meme coin in last 24 hrs as per the data from Coinmarketcap. The daily trading volume of SHIB token is almost double of Dogecoin which is has the highest marketcap.

SHIB token which started as a knock-off for Dogecoin is slowly leading the meme coin space and is now on its way to surpass Dogecoin. SHIB users are increasing at a fast pace and total number of SHIB holders are already way past 1 Million.

 

Disclaimer

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

About Author

Parasshuram has been online in various capacities as a pro-blogger, top researcher, and now a senior editor at CoinGape.com. He has over 14 years of experience in the field of online publishing. Mr Shalgar can be reached at

[email protected]

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