Shiba Inu Spikes 30% On Sunday, Dogecoin Climbs
Crypto's top "meme coins" didn't take the weekend off, with both Shiba Inu (SHIB) and Dogecoin (DOGE) seeing notable gains on Sunday.
Shiba Inu jumped more than 30 percent by midday, according to CoinMarketCap, rising from $0.00001516 in the early morning to as high as $0.00001774. Trading volume over the previous 24 hours is $3.41 billion. SHIB is $0.00001671 as of this writing.
$SHIB is Trending!! 🚀— BITCOINLFG™ (@bitcoinlfgo) August 14, 2022
SHIB saw its all-time high of $0.00008 in October 2021 after a meteoric rise from $0.000007911 in less than a month.
Dogecoin, meanwhile, rose from $0.0771 to $0.0838 over roughly the same period, according to CoinMarketCap, an increase of nearly 8%.
The last time DOGE was trading above $0.08 was in early June. Fans of the coin are eager to see it hit $0.10, though it was trading at $0.18 at the start of the year, and as high as $0.34 exactly one year ago today.
$DOGE over 0.08! 🚀🚀🧨should see 0.10 soon— Cryptoholic (@dylanlatorre_) August 14, 2022
The two coins have battled for leading market cap over recent months, hovering around $10 billion today.Source