Some of the Dogecoin DOGE/USD and Shiba Inu SHIB/USD knockoffs are seeing strong gains as of Sunday night after Shiba Inu rose and Dogecoin fell.
What Happened: Elon’s Marvin MARVIN/USD is up 3090.4% during the past 24 hours, trading at $0.1633 at press time. The coin — the biggest gainer among all cryptocurrencies on CoinMarketCap — has skyrocketed 3126.1% against Bitcoin and also gained 3150.4% against Ethereum.
Among the other knockoff coins, Doge Rise Up DOGERISEUP/USD has surged 250.1% over the past 24 hours to $0.000000002143 and Shakita Inu SHAK/USD has risen 60.4% during the period to $0.0008363.
GamingDoge GAMINGDOGE/USD is up 35.8% over the 24-hour period to $0.00000000003474.
For comparison, Dogecoin is down 1.7% during the past 24 hours, trading at $0.1655 at press time. Shiba Inu, the self-described “Dogecoin killer,” has gained 3.5% over the past 24 hours to $0.00003566.
See Also: How To Buy Dogecoin (DOGE)
Why It Matters: Elon’s Marvin, named after Tesla Inc. TSLA CEO Elon Musk’s Havanese dog Marvin, describes itself as a token on the Binance Smart Chain (BSC) that is the “little brother” of cryptocurrency Floki Inu FLOKI/USD.
The project behind the token announced on Twitter earlier on Sunday that it has migrated from its old contract to a new one and burned 1 million Marvin coins.
Doge Rise Up says it is a token launched on BSC that combines the Metaverse with Dogecoin, alongside “cool” designs and non fungible tokens (NFTs). The token touched an all-time high of $0.00000004707 on Dec. 10.
Shakita Inu describes itself as the “Shiba Inu killer.” The project behind the lotto token says it is currently developing a play-to-earn game for its community.
The coin noted on Twitter that it is among the top daily gainers on CoinMarketCap.
GamingDoge says its ecosystem will bring the power of a decentralized exchange, NFT Games and an NFT marketplace.
The coin said on Twitter that it is trending on CoinMarketCap and is close to completing GamingDogeSwap, a decentralized exchange where users can swap any BEP-20 token for another one.
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