These Dogecoin And Shiba Inu Knockoffs Are Striking Major Gains Today, With One Coin Up 260%

Some of the Dogecoin DOGE/USD and Shiba Inu SHIB/USD knockoffs are seeing strong gains as of Wednesday night even as both Dogecoin and Shiba Inu fell.

What Happened: BabyDogeZilla BABYDOGEZILLA/USD is up 261.16% during the past 24 hours, trading at less than $0.000000000001 at press time.

The token has surged 276.3% against Bitcoin and gained 271.84% against Ethereum.

Among the other knockoff coins, ShibaZilla SHIBAZILLA/USD has surged 218.5% during the past 24 hours to less than $0.000000000001 and DogeZilla DOGEZILLA/USD has risen 203.07% to less than $0.000000000001.

DogeMan DGMAN/USD is up 77.9% over the past 24 hours to $0.00000962.

See Also: How To Buy Dogecoin (DOGE)

For comparison, Dogecoin is down 6.3% during the past 24 hours, trading at $0.2565 at press time. Shiba Inu, the self-described “Dogecoin killer,” has lost 10.6% over the 24-hour period to $0.00004893.

Why It Matters: BabyDogeZilla calls itself a “deflationary meme-token” Inspired by Dogecoin, Baby Doge Coin, and Doge Zilla.

The token says on its website that in the next phase of its project, the cryptocurrency will form the center-piece of the BabyDogeZilla ecosystem that will include NFT collections, staking, a launchpad, and other Web3.0 products and services.

ShibaZilla says it is the first successful fork of DogeZilla and aims to provide investors 5% liquidity and 5% reflection rewards.

DogeZilla, a newly launched cryptocurrency, says it is a “memecoin plus utility” in the crypto sphere that targets the Shiba Inu token.

DogeMan says that holders of the ERC-20 token will be eligible for first edition paperbacks of DC and Marvel comic book giveaways.

Read Next: Bitcoin, Ethereum Lead Crypto Lower After All-Time Highs, Dogecoin, Shiba Inu Tumble — Could Sky-High Inflation Numbers Spark Another Rally?

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