Dogecoin has seen a surge in its price, reaching its highest value in over three years, following support from tech CEO Elon Musk. However, other dog-themed meme coins on platforms like Solana and Ethereum have also experienced significant jumps in value. For example, the Ethereum-based Shiba Inu (SHIB) has risen by 32% over the past week. Similarly, tokens like Dogwifhat (WIF) and Bonk (BONK) on Solana have seen gains of 71% and 64% respectively. There is also a meme coin called the Department of Government Efficiency, which has seen a 334% increase in value on Ethereum and a 326% increase on Solana. However, these meme coins' market caps are still considerably lower than that of Dogecoin.
- Content Editor ( decrypt.co )
- 2024-11-14
Dogecoin Leads the Pack—But These Dog Coins Are Running Up Gains Too