Some Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) knockoffs see strong gains starting Sunday night, although Dogecoin fell and Shiba Inu rose.
What happened: Santa Floki (CRYPTO: HOHOHO) has risen 405% in the last 24 hours, trading at $ 0.00000163 at the time of press release. The coin has risen over 400% against both Bitcoin and Ethereum.
Among the other knockoff coins, Strong Inu (CRYPTO: SINU) has increased 70% in the last 24 hours to $ 0.001344 and FlokiCoke (CRYPTO: FLOKICOKE) has risen 64% over the period to $ 0.00000001[ads1]957.
Doge Raca (CRYPTO: DOCA) is up 46% over the 24-hour period to $ 0.00001443.
In comparison, Dogecoin has fallen more than 1% in the last 24 hours, trading at $ 0.19 at the time of the press release. Shiba Inu, the self-proclaimed “Dogecoin killer”, has risen 0.7% in the last 24 hours to $ 0.00003809.
See also: How to buy Dogecoin (DOGE)
Why it matters: Santa Floki is a symbol of the Binance Smart Chain (BSC) which states that it plans to donate to charities such as “Save The Children” and believes in the principles of sharing wealth through passive Binance USD (CRYPTO: BUSD) income.
The token, which reached an all-time high of $ 0.000001856 earlier on Sunday, noted on Twitter that Tesla Inc.. (NASDAQ: TSLA) CEO Elon Musk have tweeted about it.
@elonmusk has just tweeted about us and we are humbled by this recognition! We will do a lot of good in the world!
Elon, is this a good prediction?
Join our TG now! https://t.co/egfulyLBfp
– Santa Floki (@Santa_Floki) December 26, 2021
A few hours earlier, Musk posted a picture of his dog Floki on Twitter with the text «Floki Santa».
Floki nisse pic.twitter.com/y3CTq16bGi
– Elon Musk (@elonmusk) December 25, 2021
Strong Inu describes itself as an Ethereum-based token that plans to build on Inu and the Metaverse hype. The project behind the token aims to push further into non-fungible token (NFT) market with limited releases.
FlokiCoke says that it is a token built on BSC which is among the first Floki meme token projects that collaborate with a manufacturer to produce a soda.
Doge Raca describes itself as the next generation meme plus GameFi project at BSC.
The project behind the token announced on Twitter that it will sell the first batch of DOCA loot boxes on Monday 27 December.
We will sell the first batch of $ DOCK boxes
14:00 UTC 27
1. 3000 nfts will be sold in this round, in addition to receiving pets, you will have a lucky chance to receive BNB
2. The game will be released after a few days of preparation
3. 30 billion $ DOCK will be burned. pic.twitter.com/wOQXvRyihq
– Doge RaCa – $ DOCA (@DogeRaCa) December 26, 2021
Read next: Ray Dalio says Bitcoin will not hit $ 1 million, calls Elon Musk plans to put Dogecoin on the moon “cute”