Some lesser-known meme coin projects are even outdoing the rises of Dogecoin, Shiba Inu, and Floki that started on Tuesday night and have announced key partnerships that they can continue. In this article, we take a look at meme coins and review recent booms.
What happened in the meme coin market?
- Flokifam (FLOKIFAM) rose 435% in the first place and reached $0.000000006226. Meme coin did not stop there and at the time of writing it is trading at $0.00000007874, up 590.65% in the 24-hour period. It also appreciated over 400% against Bitcoin and Ethereum.
- Shiba Inu Empire (SHIBEMP) has earned 137% in the last 24 hours of the day and its price has reached 0.000000003136.
- Son of Shib (SON) rose 113% to $0.00000003165 in the same period.
- Baby Floki Billionaire (BabyFB) is showing the first signs of boom and is trading at $0.000000004278, where its earnings approached 60%.
For comparison, Dogecoin is trading at $0.1722, up close to 1% over the past 24 hours. Shiba Inu, which describes itself as the “Dogecoin killer”, has gained more than 8% in the last 24 hours to reach $0.00003506.
cryptocoin.com Meet the 3 trending meme coins on CoinMarketCap from the list of analyst Mark Arguinbaev that we have compiled!
Why are projects important?
- A 600% burst of the day, Flokifam describes itself as a Floki “meme token with an endless suite of DeFi services.” The cryptocurrency is built on the Binance Smart Chain (BSC).
- Shiba Inu Empire (SHIBEMP) is also a meme token launched on BSC. The team behind the project says they will launch their own NFT market and buy a professional football club.
SHIBEMP also retweeted a post stating that it is among the most valuable tokens of the last 24 hours on Coin Toplist, the advertising platform where newly released cryptocurrencies are ranked by voting.
- Son of Shib, who describes himself as the son of the Shiba Inu, says he plans to create an ecosystem that uses the SON token as a backbone and plans to dive into the NFT space.
- Baby Floki Billionaire is a token launched at BSC that describes itself as the son of cryptocurrency Floki Inu.
BabyFB noted on Twitter that it is trending fifth among all cryptocurrencies on CoinMarketCap.
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