These Dogecoin And Shiba Inu Knockoffs Are Striking Major Gains Today, With One 'Floki' Themed Coin Up 198%

Some of the Dogecoin DOGE/USD and Shiba Inu SHIB/USD knockoffs continued to see strong gains as of Thursday night after Dogecoin rallied to climb to the ninth spot among the world’s largest cryptocurrencies by market capitalization.

What Happened: Flokimooni FLOKIM/USD is up 197.8% during the past 24 hours, trading at $0.0000003332.  

The coin has surged 184.6% against Bitcoin and also gained 168.9% against Ethereum. The token is down 27.9% from its all-time high of $0.0000004547 reached earlier on Thursday.

Among the other knock-off coins, Ryoshi Token RYOSHI/USD has surged 299.5% during the past 24 hours to $0.0000000339 and is in the third spot among the top trending coins, according to CoinMarketCap data.

Floki Pup FLOKIPUP/USD has gained 153.8% during the 24-hour period to $0.00001127 and Shakita Inu SHAK/USD has risen 137.6% during the past 24 hours to $0.005883.

See Also: How To Buy Dogecoin (DOGE)

For comparison, Dogecoin is up 28.7% during the past 24 hours, trading at $0.3024 at press time. Shiba Inu, the self-described “Dogecoin killer,” has lost 13.8% over the 24-hour period to $0.00006801.

Why It Matters: Flokimooni, named after Tesla Inc. TSLA CEO Elon Musk’s pet dog Floki, calls itself a “decentralized meme coin” with decentralized finance (DeFi) features.

The project behind the token is working on three flagship utility projects: a non fungible token (NFT) gaming metaverse, an NFT and merchandise marketplace, and a Dex & Launchpad platform known as Flokimooni.

Ryoshi Token, a fan-created utility coin that calls itself Shiba Inu’s father, noted on Twitter that it is trending in the third spot on CoinMarketCap.

Up 70% for the day and trending #3 on CMC. Ryoshi is on Fire @1goonrich @elonmusk pic.twitter.com/yzNF6sZH7N

— Ryoshi Token (@TokenRyoshi) October 28, 2021

Floki Pup says it is the first project in the DeFi space that adopted Musk's pet dog as a meme. The token is currently designing the layout for the FlokiPup P2E Metaverse game.

The coin took to Twitter to announce it rallied to an all-time high of $0.00001471 on Thursday.  

Was just a matter of time Pup’s!

Best Community + Fundamentals + Hype =

ATH Broken, 2nd top gainer on CMC, above #FLOKI!

We deserved this, well done too our loyal community for believing!

This is just the start for Floki Pup! #FLOKIPUP https://t.co/NWZQ4oATJF pic.twitter.com/77dRac0KFT

— Floki Pup (@Floki_Pup) October 28, 2021

Shakita Inu is a deflationary lotto token that says it aims to beat Shiba Inu and Dogecoin to the $1 mark.

Read Next: Bitcoin, Ethereum Rebound But Volatility Expected Ahead, Dogecoin Rally Spells Trouble For Shiba Inu