Dogecoin DOGE/USD and Shiba Inu SHIB/USD traded higher on Tuesday evening along with other major cryptocurrencies.
Some of the knockoff coins are also seeing strong gains, with Luna Inu LUNAINU/USD up 77.7% during the past 24 hours to $0.0009732.
| Time-frame | % Change (+/-) |
|---|---|
| 24-hour | +77.7% |
| 24-hour against Bitcoin | +72.7% |
| 24-hour against Ethereum | +66.2% |
| 7-day | -67.9% |
| 30-day | -67.9% |
| YTD | N/A |
For comparison, Dogecoin is up 1.1% during the past 24 hours, trading at $0.1502 at press time. Shiba Inu, the self-described “Dogecoin killer,” has risen 0.8% over the 24-hour period to $0.0000307.
See Also: How To Buy Dogecoin (DOGE)
Why It Matters: Luna Inu describes itself as a token on the Binance Smart Chain (BSC) in honor of Amazon.com Inc. AMZN founder Jeff Bezos’s dog Luna.
The project behind the token says it aims to make the world a better place for dogs through charity partnerships and donations. The roadmap includes plans for non fungible tokens (NFTs).
Read Next: Uhhhhhh, Can't Spend Your Dogecoins At McDonald's? You Can Spend Them Here
Image: Courtesy of Jeff Bezos' Instagram
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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