Some of the Dogecoin DOGE/USD and Shiba Inu SHIB/USD knockoffs are seeing strong gains as of Wednesday night even as both Dogecoin and Shiba Inu fell.
What Happened: BabyDogeZilla BABYDOGEZILLA/USD is up 261.16% during the past 24 hours, trading at less than $0.000000000001 at press time.
The token has surged 276.3% against Bitcoin and gained 271.84% against Ethereum.
Among the other knockoff coins, ShibaZilla SHIBAZILLA/USD has surged 218.5% during the past 24 hours to less than $0.000000000001 and DogeZilla DOGEZILLA/USD has risen 203.07% to less than $0.000000000001.
DogeMan DGMAN/USD is up 77.9% over the past 24 hours to $0.00000962.
See Also: How To Buy Dogecoin (DOGE)
For comparison, Dogecoin is down 6.3% during the past 24 hours, trading at $0.2565 at press time. Shiba Inu, the self-described “Dogecoin killer,” has lost 10.6% over the 24-hour period to $0.00004893.
Why It Matters: BabyDogeZilla calls itself a “deflationary meme-token” Inspired by Dogecoin, Baby Doge Coin, and Doge Zilla.
The token says on its website that in the next phase of its project, the cryptocurrency will form the center-piece of the BabyDogeZilla ecosystem that will include NFT collections, staking, a launchpad, and other Web3.0 products and services.
ShibaZilla says it is the first successful fork of DogeZilla and aims to provide investors 5% liquidity and 5% reflection rewards.
DogeZilla, a newly launched cryptocurrency, says it is a “memecoin plus utility” in the crypto sphere that targets the Shiba Inu token.
DogeMan says that holders of the ERC-20 token will be eligible for first edition paperbacks of DC and Marvel comic book giveaways.
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