Dogecoin and Shiba Inu Fight Solana-Based Memecoin That’s Risen 787% in 2 Weeks

The 2 biggest memecoins by market cap are aiming to outrun a brand-new Solana-based competitor.

Dogecoin (DOGE) and Shiba Inu (SHIB) rose along with Bitcoin and the wider market over the previous week, leaving the brand-new much-hyped dog-themed altcoin Bonk (BONK) in the rear view mirror.

Bonk has actually experienced a wild trip because its launch late last month, and is up 787% because its launching. However as Bitcoin and the wider market started rallying, BONK suffered a 56% decline, from a seven-day high of $0.000002 on January 8th to a low of $0.00000088 on January 13th.

DOGE surged from a seven-day low of $0.077 on January 10th to a high of $0.092 on January 14th, marking gains of over 16% in less than a week. DOGE has actually quit some its gains and is trading $0.084 sometimes of composing.

Even with recently’s rally, DOGE is still down over 88% from its all-time high of $0.73, which it struck in May of 2021.

On The Other Hand, Shiba Inu rose from a weekly low of $0.0000083 on January 8th to a high of $0.000011 on January 14th, representing gains of over 32% in less than 7 days.

Shiba Inu has actually remedied because and is trading at $0.000010 sometimes of composing.

While the Dogecoin rival has actually climbed up in the previous couple of days, it stays down 88% from its all-time high of $0.000086, taped in October 2021.

Included Image: Shutterstock/WinWin artlab/Alexey Malkov