Dogecoin DOGE/USD and Shiba Inu SHIB/USD surged on Monday evening along with major cryptocurrencies.
Some of the knockoff coins are also seeing gains, with Chiba Inu CHIBA/USD up 202.3% during the past 24 hours to $0.04481.
What Happened: Chiba Inu has surged about 190% each against Bitcoin and Ethereum.
|Time-frame||% Change (+/-)|
|24-hour against Bitcoin||+189.6%|
|24-hour against Ethereum||+190.3%|
For comparison, Dogecoin is up 5.9% during the past 24 hours, trading at $0.1646 at press time. Shiba Inu, the self-described “Dogecoin killer,” has risen 16.4% over the 24-hour period to $0.00003297.
See Also: How To Buy Dogecoin (DOGE)
Why It Matters: Chiba Inu says it is currently building Chiba Exchange, where swapping fees would purportedly go to prostate cancer and breast cancer charities.
Chiba Exchange would house a Token Locker, where locking fees will eventually be set up to fund staking rewards for Chiba Inu holders, the project has said.
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