Crypto's top "meme coins" didn't take the weekend off, with both Shiba Inu (SHIB) and Dogecoin (DOGE) seeing notable gains on Sunday.

Shiba Inu jumped more than 30 percent by midday, according to CoinMarketCap, rising from $0.00001516 in the early morning to as high as $0.00001774. Trading volume over the previous 24 hours is $3.41 billion. SHIB is $0.00001671 as of this writing.

SHIB saw its all-time high of $0.00008 in October 2021 after a meteoric rise from $0.000007911 in less than a month.

Is the Shiba Inu token (SHIB) the next Dogecoin? Image: Shutterstock

Shiba Inu Up 385% in a Week, Becomes 12th Largest Cryptocurrency

There seems to be little in the way of Shiba Inu’s (SHIB) latest advance, as the Dogecoin alternative jumped by another 50% in the last 24 hours. Hitting a local high of $0.0003473 on Thursday, SHIB is also up an eye-watering 385% in the last seven days, with the latest price action taking the coin to the 12th spot in the crypto rankings, according to CoinGecko. With a market cap of nearly $17 billion, SHIB has flashed past the likes of Chainlink (LINK), Litecoin (LTC), Avalanche (AVE), and Unis...

NewsCoins
2 min read
Andrew Asmakov

Dogecoin, meanwhile, rose from $0.0771 to $0.0838 over roughly the same period, according to CoinMarketCap, an increase of nearly 8%.

The last time DOGE was trading above $0.08 was in early June. Fans of the coin are eager to see it hit $0.10, though it was trading at $0.18 at the start of the year, and as high as $0.34 exactly one year ago today.

The two coins have battled for leading market cap over recent months, hovering around $10 billion today.

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