The second-largest dog coin by market cap, Shiba Inu (SHIB), is having its best day on Saturday, with the Ethereum-based token jumping to an eight-month high, while top dog Dogecoin (DOGE) is posting more modest gains.
Shiba Inu saw a sharp spike on Saturday evening, popping to a price of $0.00002969 before cooling off slightly to a current price of $0.00002897. Even at its moderate price, SHIB is up more than 12% on the day, and the last time it reached Saturday’s peak was on April 1, eight months ago.
According to data from CoinGecko, it is by far the biggest gainer among the top 50 cryptocurrencies by market capitalization, with Filecoin in second place with a 10% jump on the day.
Dog-themed meme coins aren’t exactly red hot during the day, with Bonk (BONK) and Dogwifhat (WIF) up only about 1% each over the past 24 hours. But Ethereum-based Floki (FLOKI) is up almost 6% today.
Dogecoin, meanwhile, is approaching a one-week high at a current price of over $0.43, up 3% on the day. Last Saturday, DOGE hit a three-year high of $0.475; but even at its current price, DOGE is up 164% in the past month.
Another prominent meme coin, Brett (BRETT) – the top meme minted on Ethereum Layer-2 network Base – rose to an all-time high of $0.2032 on Saturday and is currently up 17% in the past 24 hours.
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