Baby Doge's Epic 5% Rally Beats Dogecoin, Shiba Inu Gains After $5M Token Burn

Baby Doge (CRYPTO: BABYDOGE), a cryptocurrency inspired by meme cryptocurrency Dogecoin, experienced a surge of 5% within the last 24 hours. This increase in value outperformed other Doge-based meme coins like Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB).

Timeline of Baby-doge-coin, Dogecoin, Shiba-inu

Crypto prices are facing headwinds on the debut of Ethereum futures exchange-traded funds (ETFs) in the US. While Ethereum price spiked to $1,750 and Bitcoin to $28,400, Shiba Inu (SHIB) built on support at $0.000007 to support gains to $0.0000757.

Dogecoin (DOGE), the first meme coin in the digital currency ecosystem, is currently itching upward as the broader market sailed past its bearish trend. At the time of writing, Dogecoin is currently up by more than $0.06368 and up by more than 5% in the past 24 hours.

Shiba Inu (SHIB) has been a subject of great interest in the crypto community, particularly in its performance in October. Over time, SHIB has grappled with a critical psychological barrier at the $0.00008 price level. This resistance has proven quite formidable, repeatedly halting its attempts to surpass it.

The development team behind meme asset Shiba Inu (SHIB) is warning traders to do their own research and be cautious of suspicious actors who claim to be a part of the SHIB ecosystem.

Pepe Coin (CRYPTO: PEPE), a budding meme-based cryptocurrency, has taken the market by surprise with a 12% surge in value over the past 24 hours, outpacing gains made by other meme coins such as Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB). What Happened DOGE and SHIB experienced marginal gains of 1.85% and 1.65% respectively.

Dogecoin price is gaining pace on Friday bolstered by a renewed bullish outlook across the market, thanks to the discussions around the approval of the first Ethereum futures ETFs set to start trading as soon as October 3. The largest meme coin has responded extremely well to the news alongside other major cryptos.

A major Shiba Inu (SHIB) whale marked as address 0x1406, has embarked on a strategy to divide their massive holdings into smaller, less conspicuous wallets. This has raised suspicions within the crypto community with some speculating that it may be an attempt to evade scrutiny.

With the month of September almost over, Halloween enthusiasts have already started picking out decorations for the scariest holiday of the year, but cryptocurrency traders have other things on their minds, such as predictions of the future price of Shiba Inu (SHIB).

The altcoin market has been facing a prolonged period of decline since the mid-July peak, resulting in a significant drop in trader interest for popular memecoins, on-chain analytics platform Santiment said on Wednesday. What Happened: Notably, meme coins such as Dogecoin (CRYPTO: DOGE), Dogelon Mars (CRYPTO: ELON), Pepe Coin (CRYPTO: PEPE), and Shiba Inu (CRYPTO: SHIB) have fallen off the radar for traders, exhibiting a reduced level of overall market attention, Santiment data shows.

Shiba Inu (SHIB) has been the talk of the crypto town lately, but not for reasons you might expect. While many were busy writing off SHIB as another meme coin destined for oblivion, the token pulled a fast one.