Bitcoin is close to $45,000, while Ethereum is changing hands at $3,145. Meanwhile, altcoin projects such as Dogecoin and Shiba Inu (SHIB), meme-coins have been on the rise. SHIB gained 24.3 percent and DOGE gained 23.8 percent. Apart from SHIB and DOGE, ETC, HOT and OCD; In the last 24 hours, it has been one of the most rising coins in the top 100 according to market value on a cyclical scale.
DOGE and SHIB: Meme-coins rise
The Shiba Inu (SHIB) is up 24.3 percent in the last 24 hours. Cryptocoin. com
As we reported , the Shiba Inu team established a decentralized exchange called Shiba Swap. According to an announcement made on the nightly saadollarserial today, a new double-dollarser has been added to the Shiba Swap and it was announced that the developers have created a new “burn procedure” to reduce the supply of LEASH and SHIB. The time when SHIB started to rise also coincided with this moment. SHIB rallied as high as $0.0000086. It is trading at $0.0000081 at the time of writing.
Alongside SHIB, Dogecoin (DOGE) gained 24.23 percent. DOGE rose to $0.26 levels last seen in late June. After DOGE, Ethereum Classic (ETC) is the third highest-grossing altcoin. Cardano’s inventor, Charles Hoskinson, talked about Ethereum Classic in his most recent live broadcast and talked about what ETC needs to do to “sustain its activitydollar series”.
Altcoin projects such as HOT and OKB have also been on the rise
Another coin that gained the most momentum was Holo (HOT). HOT was also on our list yesterday. Although Holo has been on the agenda with the partnerships it has established recently, the team announced that they are preparing to open registration for the HoloPort Alpha Program. Finally, the OKB token of Bitcoin and altcoin exchange OKEx gained 9.62 percent.