Cryptocurrency | Gains(+/-) | Price |
---|---|---|
Dogecoin | +5.38 | $0.086 |
Shiba Inu | +5.94 | $0.00001309 |
Bone Shibaswap | -5.97% | $1.48 |
Dogelon Mars | +14.38% | $0.0000004068 |
Floki | +152.77% | $0.0000579 |
What Happened: Musk’s tweet on Feb. 15 sent waves through the crypto world, with Floki (CRYPTO: FLOKI) becoming the leading gainer, tape-recording a rise of 152%. Not far behind was Dogelon Mars (CRYPTO: ELON), with 14.38% gains, followed by Shiba Inu (CRYPTO: SHIB) with 5.94%, and Dogecoin (CRYPTO: DOGE) acquiring 5.38%.
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The week began with a DOGE wallet that had actually been inactive for almost a years. The wallet address had actually been non-active for 9.1 years and had a balance of 2 million DOGE.
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Morgan Creek Capital CIO Mark Yusko knocked dog-themed meme tokens Dogecoin and Shiba Inu, asserting they have no worth. In an interview with Blockworks, the crypto veteran said that, in his viewpoint, the 2 tokens need to go to absolutely no.
“Every day I have to live with this, where I say the bear market in crypto will be over when DOGE and SHIB go to zero. They never got to zero. In fact, they’re going up again. And there’s no there, there. And the only there is the people who say: Well, you better watch out if they actually find a use case.”
Musk Effect: Musk reacted to a tweet which contained a picture of him sitting beside media magnate Rupert Murdoch and his child Elisabeth. The poster had actually questioned what they were discussing and Musk said the discussion had to do with “Dogecoin.” This sent DOGE skyrocketing.
The increase in SHIB environment tokens Bone Shibaswap (CRYPTO: BONE) and Dogecoin Killer (CRYPTO: LEASH) follows Shiba Inu designer Shytoshi Kusama in a Telegram post on Tuesday said ‘Shibarium is ready’, and he will be launching mediums “to introduce Shib Army to the layer-2 Blockchain.”
After a day, Kusama shared a welcome on Twitter for individuals thinking about Shibarium. Kusama said there are several worths for Shibarium, which are: BURN, SAFEGUARD, HELP and Grow.
According to the current Shibburn information tracker report, the SHIB army damaged 27 million Shiba Inu tokens in the last 24 hr. This pressed the burn rate of Shiba Inu to somewhat under 100%.
Read Next: Bitcoin Below $24K, Ethereum, Dogecoin Slide: Analyst Says In ‘Complete Awe’ Of Apex Crypto, Predicts 30% Upside
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