Dogecoin And Shiba Inu Might Be Slumping Today But This Bitcoin Meme-Themed Knockoff Coin Is Striking Major Gains – Bitcoin – United States Dollar ($BTC)

Bitcoin (CRYPTO: BTC) meme-themed knockoff Baby Bitcoin (CRYPTO: BBTC) continued to rally as of Thursday night, while meme cryptocurrency Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) retreated.

What Happened: Baby Bitcoin was up 205.84% during the past 24 hours, trading at $0.00000002069 at press time.

The altcoin has surged 214.94% against apex cryptocurrency Bitcoin and also gained 210.93% against Ethereum.

See Also: How To Buy Bitcoin (BTC)

For comparison, Dogecoin is down 2.5% during the past 24 hours, trading at $0.2453 at press time. Shiba Inu, the self-described “Dogecoin-killer,” has lost 4% over the 24-hour period to $0.00002734.

Meanwhile, Bitcoin is down almost 5.9% from its all-time high of $66,930.39 reached on Oct. 20.

Why It Matters: The project behind Baby Bitcoin says it plans to collaborate economically with global organizations to alleviate child poverty.

The token, which calls itself the “Prince of Crypto,” says on its website that it is working around various projects, including its online radio, lotteries and solidarity non fungible tokens (NFTs).

Baby Bitcoin took to Twitter to announce it plans to introduce a third lottery following the success of the first two.

The token also said has reached 18,000 currency holders.

Read Next: Bitcoin Rally Takes A Breather Taking Ethereum, Dogecoin Down With It But These Coins Are Still Up

Read Full Article

Latest articles

Bitcoin Open Interest Takes Second Largest Dump Of 2021

Bitcoin has recorded significant losses in just the first week of December. The digital asset has taken some of the largest hits for...

Cardano Price Prepares for 25% Jump After Crypto Crash and HUH Token Launch

Cardano’s value is by all accounts building bullish help at current levels. Moreover, on-chain measurements for Cardano (ADA) indicate that this move is...

Whales Are Accumulating Ethereum Competitor Amid Crypto Market Drawdown, According to On-Chain Data

Whales are diving into an altcoin project that was originally designed to help to scale Ethereum but has since emerged as a direct...

Market Wrap: Cryptocurrencies Stabilize as Some Traders Buy the Dip

Bitcoin was roughly flat over the past 24 hours as buyers attempted to continue to reverse some of last weekend’s losses. Some short-term...

Related articles

Leave a reply

Please enter your comment!
Please enter your name here