While the Bitcoin price is stabilizing below $ 57,000 and Ethereum is trading in the $ 4,000 range, Dodge Coins and many meme coins have jumped by tens of percent.
to the the report Coin Telegraph, as the bitcoin price has slowly revived to $ 57,000, many traders have made a fortune by investing in some memes. Meanwhile, some strong projects also managed to record double-digit growth.
In recent days, digital currencies created in imitation of Dogecoin have followed in the footsteps of Dogecoin and caused a stir on social media. Dogecoin’s 20,000% growth has shocked many investors. From bitcoin maximalists to hedge fund traders, they look at the growth of digital currency, which was originally made as a joke!
Dogecoin experienced a 40% correction last week after hitting a record high of $ 0.74. Meanwhile, tokens with symbols of different breeds of dogs managed to send huge profits to the pockets of their investors.
The volume of Shiba Ino token deposits in Bainance exchange was so large that the operation of this exchange was disrupted for some time. The ASS token, which is based on China’s Bainance Smart (BSC) platform, grew 400 percent in 24 hours. ELON was one of the other meme queens that managed to record a 170% jump in 24 hours.
The price of Ethereum also corrected yesterday, but buyers managed to protect the $ 4,000 support area well. Ias, known as the killer of the Ethereum, grew by 40 percent. The growth came after Block.one announced that it had raised $ 10 billion to build an IAS-based exchange called Bullish Global.
Yern Finance (YFI) was one of the other instruments that managed to achieve acceptable performance with a growth rate of 35%. Following this growth, the price of Yern Finance reached a historic high of $ 77,041. The digital currency Reef also climbed to $ 0.508.
The total market value of digital currencies is currently $ 2.450 billion, and Bitcoin has a 42% market share.