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.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
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.
FREE REPORT: How To Learn Options Trading Fast
In this special report, you will learn the four best strategies for trading options, how to stay safe as a complete beginner, a 411% trade case study, PLUS how to access two new potential winning options trades starting today.Claim Your Free Report Here.
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 first two were a success so let's have a 3rd one! Do not stay out! #BBTC #Bitcoin #BNB #Binance @elonmusk pic.twitter.com/wGLmpaTCns
— BabyBitcoinToken (@BabyBitcoinBSC) October 21, 2021
The token also said has reached 18,000 currency holders.
We’re proud to have accomplished it, THANKS FOR THE 18000 HOLDERS!!!We go for more!!!!! #BBTC #BTC #BNB #ToTheMoon #ElonMusk @elonmusk @Binance_Spanish #Bitcoin pic.twitter.com/EDlFeZFsXo
— BabyBitcoinToken (@BabyBitcoinBSC) October 21, 2021
Read Next: Bitcoin Rally Takes A Breather Taking Ethereum, Dogecoin Down With It But These Coins Are Still Up