Dogecoin DOGE/USD knockoffs such as ShibX SHIBX/USD, Hina Inu HINA/USD, Baby Doge Coin BABYDOGE/USD and other minor altcoins are seeing massive gains even as the rally in the apex meme cryptocurrency and Shiba Inu SHIB/USD loses steam.
What Happened: ShibX is extending its rally and is up 911.7% during the last 24 hours, trading at $0.00000004217 at press time.
The altcoin has surged 924.9% against apex cryptocurrency Bitcoin and also gained 914.5% against Ethereum during the past 24 hours.
The new token, which was launched on Oct. 10, operates on the Binance Smart Chain and has a trading volume of $3.59 million during the last 24 hours.
See Also: How To Buy Dogecoin (DOGE)
Among other Dogecoin knockoffs, Hina Inu has gained 98.8% during the past 24 hours to $0.00000000014, while Hanzo Inu HNZO/USD is up 94.4% during the 24-hour period to $0.0000002024.
Baby Shiba Inu BABYSHIBAINU/USD has surged 102.6% over 24 hours to $0.00000002401, while Baby Doge Coin BABYDOGE/USD is up 40.3% to $0.000000001646.
Why It Matters: The project behind ShibX on Tuesday retweeted a post on Twitter that the token has crossed a market capitalization of $5 million.
ShibX also announced it is conducting a meme competition for all token holders.
📣 NEW ANNOUNCMENT 📣
— ShibX (@ShibXOfficial) October 12, 2021
WE ARE RUNNING A MEME COMPETITION FOR ALL OUR HOLDERS.
Join https://t.co/WVtZaDDOTa to enter.
PRIZES
1ST PRIZE = $500
2ND PRIZE = $250
3RD PRIZE = $100
COUNTDOWN TIMER:https://t.co/MDjdacMx2u
Hina Inu is a fully decentralized, peer-to-peer deflationary community token that passively rewards its holders with a 2% tax redistribution for all transactions.
Hina Inu says on its website that is currently on a mission to form the largest INU ecosystem dubbed “Super Pack,” while simultaneously focusing on the implementation of its NFT marketplace.
Hina Inu announced on Twitter Tuesday that Fat Doge FOGE/USD, Keisuke Inu KEI/USD and Hina Inu are now integrated into one Superpack, while Kuma Inu KUMA/USD is an affiliate.
ANNOUNCEMENT (1/2)
— Hina Inu (@realhinainu) October 11, 2021
SUPERPACK- PHASE-1.
Fat Doge @TheFatDoge
Hina Inu @realhinainu
Keisuke Inu @TheOnlyKeisuke
Are now integrated into 1 Superpack consisting of a 3-Team-Governance.
Affiliate- Kuma Inu @KumaInuOfficial#Crypto #Coinbase #etherium #Trending #ShibaSwap pic.twitter.com/IlaSowBVPw
Read Next: Kuma Inu Price Surges 85%: What's Going On?
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