This Knockoff Coin Is Up 200% Today, Outshining Dogecoin and Shiba Inu

Some of the Dogecoin DOGE/USD and Shiba Inu SHIB/USD knockoffs are seeing strong gains as of Tuesday night even as Dogecoin and Shiba Inu traded muted.

What Happened: Shiba Dollars SHIBADOLLARS/USD is up 209% during the past 24 hours, trading at $0.000000003761 at press time. The coin has surged more than 200% each against Bitcoin and Ethereum.

Among the other knockoff coins, Captain Inu CPTINU/USD has gained 114% during the past 24 hours to $0.00000002168 and Doge Rise Up DOGERISEUP/USD has risen 61% to $0.000000000932.

Santa Floki HOHOHO/USD is up 15% over the 24-hour period to $0.0000004198.

For comparison, Dogecoin is down 0.5% during the past 24 hours, trading at $0.1693 at press time. Shiba Inu, the self-described “Dogecoin killer,” has lost 0.7% over the 24-hour period to $0.00003258.

See Also: How To Buy Dogecoin (DOGE)

Why It Matters: Shiba Dollars says it aims to bridge the gap between crypto and fiat currencies and will rewards its users in Binance USD.

The token took to Twitter that it is newly listed on CoinMarketCap.

Captain Inu says it strives to provide edutainment via comics featuring other Shiba Inu characters and influencers who defend the Inu Metaverse.

The coin announced on Twitter its first partnership in the world of e-sports.

Doge Rise Up describes itself as a token launched on the Binance Smart Chain (BSC) that combines the Metaverse with Dogecoin. The project behind the token aims to launch a play-to-earn game on Jan. 15.

Santa Floki describes itself as a token on the BSC network that believes in the principles of sharing wealth through passive Binance USD income and plans to donate to charities such as “Save The Children.”

Read Next: 410 Trillion Shiba Inu Tokens Have Been Burned, Price Remains Stagnant