'Internet-Conquering' Dogecoin Rival Catge Skyrockets 103% Amid Elon Musk Meme-Fest

Dogecoin (DOGE) may have carved a space in the heart of cryptocurrency enthusiasts but Cat-themed Catge Coin (CATGE) is up over 103%.

What Happened: Over the 24-hour period leading up to press time in the early hours of Monday, CATGE — which claims it is “conquering the internet” — traded 103.6% higher at $0.0000000658. The cryptocurrency has rallied 102.13% and 96.24% against Bitcoin (BTC) and Ethereum (ETH), respectively.

BTC traded 0.52% higher at $36,261.03 at press time, while ETH traded 3.53% higher at $2,771.72 at press time over 24-hours. Shiba Inu-themed DOGE traded 0.31% higher at $0.37 in the same period.

See Also: How to Buy Dogecoin (DOGE)

CATGE’s one and only spot market is PancakeSwap. The BEP-20 token has soared 513% since June 3, as per the earliest historical price, CoinMarketCap data shows.

Why It Matters: Tesla Inc TSLA CEO Elon Musk went on a meme-posting spree beginning Friday, which sent meme-cryptocurrencies such as CumRocket Crypto (CUMMIES) and CumInu (CUMINU) on an upwards trajectory. 

Since then another adult-themed coin, PORNROCKET (PORN), has also joined the frenzy.

CUMMIES traded 30.21% lower at $0.11 and CUMINU traded 14.5% lower at $0.001226 at press time over a 24-hour period. PORNROCKET was up 128.10% at $0.0000001712 in a similar period.

See Also: What's Going On With EthereumMax (EMAX) Cryptocurrency?

CATGE was on the number five spot in a list of trending cryptocurrencies compiled by CoinMarketCap. 

The top spot was also taken by yet another cute animal-themed currency, Sanshu Inu (SANSHU), which is up 98.18% at press time and has a value of less than $0.00000001.

Read Next: Elon Musk Keeps The Meme-Game On But Dogecoin, Bodily-Fluid-Themed Crypto Mute, As Blockchain Platforms Strike Gains

Market News and Data brought to you by Benzinga APIs
Posted In: CryptocurrencyNewsMarketsMoversTrading IdeasBlockchainCatgeCumRocketdogecoinElon MuskMeme CoinsPornRocket
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...