New meme coin Child Doge (BABYDOGE) is having fun with a bumper week after a tweet by Tesla CEO Elon Musk—however its meteoric rise hasn’t been mirrored by different meme-themed cryptocurrencies, with (DOGE), SafeMoon and Shiba Inu (SHIB) slowly taking place with the remainder of the crypto ship at the moment.
Final Friday, the CEO of Tesla and SpaceX drew most people’s consideration to Child Doge, yet one more Dogecoin knockoff, by tweeting about it. Whether or not or not he supposed to reference the cryptocurrency, or was simply making a Doge-themed joke concerning the well-known Baby Shark track, his “endorsement” noticed Child Doge pump by roughly 130% from the get-go.
At press time, Child Doge continues to be manner forward of the crypto curve when it comes to good points. The coin is buying and selling at round $0.000000005584, up 57.4% over the previous 24 hours and over 300% prior to now week, based on crypto metrics platform CoinGecko. On the identical time, Child Doge’s every day buying and selling quantity has topped $150 million.
Child Doge’s success hasn’t been mirrored by different meme cash. Dogecoin (DOGE), the granddaddy of all of them, is at present buying and selling at
$0.244862 and is down 2.1% on the day. Equally, each SafeMoon (-6.5%) and Shiba Inu Coin (SHIB) (-2.3%) are sliding down, buying and selling at $0.00000300 and $0.00000865, respectively.
That does not appear to have deterred crypto builders desirous to money in on the most recent craze, although. Simply yesterday, somebody launched a knockoff of a knockoff within the type of “Child Doge Money.” It is already surged by 432% in a day, proving if nothing else that the urge for food for meme cash is seemingly insatiable.
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