Some of the Dogecoin DOGE/USD and Shiba Inu SHIB/USD knockoffs are seeing strong gains as of Sunday night after Dogecoin rose and Shiba Inu fell.
What Happened: Gatsby Inu GATSBYINU/USD is up 234.83% during the past 24 hours, trading at $0.00001665 at press time.
The token has surged 201.3% against Bitcoin and also gained 203.92% against Ethereum.
Among the other knockoff coins, Shiba Monk SHIBAMONK/USD has surged 215.50% during the past 24 hours to $0.000000006843 and MetaDoge METADOGE/USD has risen 169.18% to $0.00005642.
Dogey-Inu DINU/USD is up 67.9% over the 24-hour period to $0.00000002715.
See Also: How To Buy Dogecoin (DOGE)
For comparison, Dogecoin is up 0.28% during the past 24 hours, trading at $0.2623 at press time. Shiba Inu, the self-described “Dogecoin killer” has lost 2.9% over the past 24 hours to $0.00005279.
Why It Matters: Gatsby Inu, named after one of Tesla Inc. TSLA CEO Elon Musk’s pet dogs, said on Twitter that it would be releasing a game soon and also introduced a preview of its comic. The project behind the token says it is also developing a limited amount of GatsbyInu non fungible tokens (NFTs).
Shiba Monk says it purpose is to create a platform devoted to teaching people to improve their mental health.
The newly-listed token announced on Twitter that it would give $5,000 worth of Shibamonk giveaway to 25 holders and also retweeted a post that said it reached a market capitalization of $4.5 million.
MetaDoge says it consists of a token-based ecosystem that includes a 3D Metaverse Game build specifically for Metadoge NFT owners.
Dogey-Inu describes itself as a decentralized meme token created by fans and members of the Shiba Inu community.
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