The top “meme coins” didn’t take the weekend off, as SHIB and DOGE both had significant price increases on Sunday.
According to CoinMarketCap, Shiba Inu increased by more over 30% at lunchtime, going from $0.00001516 in the morning to as high as $0.00001774. $3.41 billion worth of trading was done over the past 24 hours. SHIB is now worth $0.00001671.
SHIB rose dramatically from $0.000007911 to $0.00008 in October 2021, reaching its all-time peak in less than a month.
According to CoinMarketCap, Dogecoin increased from $0.0771 to $0.0838 over roughly the same time period, or by almost 8%.
Early in June was the last time DOGE traded above $0.08. Although it was selling at $0.18 at the beginning of the year and as high as $0.34 exactly one year ago today, the coin’s supporters are keen to see it reach $0.10.
In recent months, the two coins have competed for the top market cap, which is currently hovering around $10 billion.