$94,820.00
0.26%$1,820.24
0.94%$2.28
-0.15%$609.96
0.69%$148.41
-1.71%$0.999955
0.00%$0.179797
-0.43%$0.714452
-0.38%$0.247279
0.69%$1,819.85
1.02%$94,736.00
0.25%$3.55
-3.71%$15.16
1.64%$22.06
-0.61%$0.282343
-2.02%$9.00
-0.02%$3.28
-1.45%$0.00001379
-0.13%$0.190318
-3.45%$2,184.08
0.90%$0.999924
-0.03%$371.52
5.14%$86.42
-0.41%$4.30
2.63%$18.71
2.84%$1,817.84
0.76%$4.43
2.59%$1.00
-0.04%$278.32
-1.82%$0.999638
0.05%$29.42
0.82%$0.603197
-3.42%$1,937.56
0.77%$94,742.00
0.22%$0.00000897
-0.13%$5.61
0.66%$381.34
2.20%$5.48
-0.98%$52.16
0.28%$2.58
1.17%$0.977578
0.96%$1.049
0.01%$14.06
-8.00%$22.22
-1.33%$5.11
0.37%$17.17
2.04%$168.92
-2.61%$1.00
0.00%$0.096935
-1.39%$0.091302
-0.38%$31.13
-0.11%$0.73909
0.81%$0.02789827
3.48%$4.51
2.34%$0.242448
0.67%$1.17
0.10%$4.52
1.87%$0.233079
2.22%$94,542.00
0.30%$0.738323
0.44%$0.336195
-4.75%$2.80
1.40%$4.30
0.31%$2.94
-0.39%$0.521552
-1.72%$0.340061
-0.60%$4.11
-0.58%$0.00001967
-3.99%$1.16
-0.35%$0.999348
0.18%$0.47217
-0.77%$10.67
0.73%$94,698.00
0.21%$0.794248
-0.03%$0.083071
6.12%$0.848757
-0.24%$1,549.59
3.68%$155.68
-1.54%$1.22
6.12%$0.0183186
9.10%$1.13
-3.80%$4.17
6.84%$0.218903
4.20%$76.26
0.21%$1,821.19
0.91%$0.589128
-0.64%$0.696301
2.68%$1,893.44
0.73%$10.09
1.21%$1.001
0.07%$0.100832
2.17%$1.45
16.82%$609.49
0.62%$0.999803
-0.02%$0.662649
0.60%$1.00
-0.00%$2.98
-3.14%$2,063.35
0.78%$0.00008528
6.29%$3,321.30
1.00%$0.01684406
-1.62%$0.216476
-3.14%$1.00
-0.01%$0.789084
-0.79%$39.71
-2.28%$3,318.64
0.98%$0.781593
7.66%$0.01751368
2.91%$0.860735
0.39%$0.615936
-5.76%$93,128.00
-1.21%$94,831.00
0.36%$13.17
0.21%$163.92
-1.60%$4.12
0.41%$0.303302
0.70%$0.01178776
-11.49%$95,666.00
1.24%$191.32
-1.58%$1.00
-0.02%$0.00000071
-1.99%$0.117417
2.87%$1,935.60
0.85%$2.09
-0.23%$0.997762
-0.02%$3.11
14.20%$0.413729
2.95%$0.063965
-4.57%$0.01886488
-1.72%$0.999687
0.00%$0.614216
-4.63%$0.328416
3.93%$18.49
0.84%$0.249224
4.18%$1.85
2.24%$1.10
-0.56%$0.5656
2.35%$36.17
-4.88%$0.15945
1.16%$1,903.62
0.87%$0.221407
0.60%$3.39
0.75%$0.00954501
4.30%$0.578657
-5.39%$0.672452
3.13%$0.529949
1.00%$0.622412
-0.61%$0.00539095
-4.46%$0.999509
0.09%$0.454825
-0.60%$17.46
0.98%$1.39
1.10%$96,153.00
0.34%$0.068328
0.27%$94,732.00
0.23%$0.410019
-1.43%$93,081.00
1.08%$1.00
0.01%$1,904.85
0.93%$7.14
1.50%$1.00
0.01%$0.179474
-0.72%$0.00002277
0.73%$1.63
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3.19%$0.153159
-0.20%$6.28
0.20%$1,820.73
0.94%$94,689.00
0.38%$0.093438
3.87%$2.65
4.58%$110.86
0.02%$0.242367
0.55%$0.081312
3.60%$0.00000042
0.08%$3.77
4.56%$0.04265236
3.27%$1.086
0.08%$1.003
-0.02%$1,936.46
0.92%$1,818.92
0.77%$0.03847626
3.54%$0.00727123
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1.03%$0.372983
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2.13%$21.68
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0.31%$1.001
0.03%$0.00411327
0.04%$0.0179178
0.77%$1,814.21
1.36%$0.131157
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1.62%$0.00006303
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0.00%$0.748311
8.03%$1.36
9.67%$0.00482502
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0.64%$1,854.86
1.11%$0.299373
9.97%$29.72
3.11%$1.001
0.02%$0.719005
3.63%$0.999817
-0.02%$0.556649
24.53%$1.001
0.17%$0.729023
2.84%$94,642.00
0.15%$3.76
4.12%$0.247177
1.29%$113.79
0.64%$24.02
3.58%$0.00000144
-0.31%$1,804.73
0.83%$0.139973
1.34%$0.999854
0.00%$1.21
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0.47%$0.281127
1.32%$0.999413
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1.11%$18.89
3.43%$16.45
1.48%$0.0026991
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0.84%$1,925.96
1.00%$0.535894
1.96%$0.0026053
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1.46%$0.03836338
3.29%$0.01317736
1.52%$0.113006
1.85%$0.03093944
6.92%$0.00293482
0.22%$1.00
0.06%$0.096812
15.89%$1,902.74
0.13%$0.972919
1.64%$0.745301
1.17%$0.254307
4.17%$0.620847
3.54%$0.00000064
-0.77%Reading
New meme coin Baby Doge (BABYDOGE) is enjoying a bumper week after a tweet by Tesla CEO Elon Musk—but its meteoric rise hasn't been mirrored by other meme-themed cryptocurrencies, with Dogecoin (DOGE), SafeMoon and Shiba Inu (SHIB) slowly going down with the rest of the crypto ship today.
Memes have always been part of crypto culture—so it was perhaps inevitable that they would be financialized using the same technology that birthed cryptocurrencies. Initially, meme coins like Dogecoin were created as a joke, poking fun at cryptocurrencies—but, in true decentralized fashion, they’ve evolved beyond their creators’ original intentions. With their highly volatile prices shaped by influencers and rapidly moving news cycles, meme coins have become a growing sector of the crypto econom...
Last Friday, the CEO of Tesla and SpaceX drew the general public’s attention to Baby Doge, yet another Dogecoin knockoff, by tweeting about it. Whether or not he intended to reference the cryptocurrency, or was just making a Doge-themed joke about the famous Baby Shark song, his "endorsement" saw Baby Doge pump by roughly 130% from the get-go.
Baby Doge, doo, doo, doo, doo, doo,
Baby Doge, doo, doo, doo, doo, doo,
Baby Doge, doo, doo, doo, doo, doo,
Baby Doge— Elon Musk (@elonmusk) July 1, 2021
At press time, Baby Doge is still way ahead of the crypto curve in terms of gains. The coin is trading at around $0.000000005584, up 57.4% over the past 24 hours and over 300% in the past week, according to crypto metrics platform CoinGecko. At the same time, Baby Doge’s daily trading volume has topped $150 million.
Of course, all of these meme-inspired tokens are high-risk assets and Decrypt is not dispensing investment advice. Retail investors should only ever put in what they can afford to lose.
Baby Doge's success hasn't been mirrored by other meme coins. Dogecoin (DOGE), the granddaddy of them all, is currently trading at $0.244862 and is down 2.1% on the day. Similarly, both SafeMoon (-6.5%) and Shiba Inu Coin (SHIB) (-2.3%) are sliding, trading at $0.00000300 and $0.00000865, respectively.
That doesn't seem to have deterred crypto developers eager to cash in on the latest craze. Just yesterday, someone launched a knockoff of a knockoff in the form of Baby Doge Cash. It's already surged by 432%, proving if nothing else that the appetite for meme coins is insatiable right now.
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
El Salvador’s Bitcoin accumulation quietly persists under IMF watch. While President Nayib Bukele’s government formally paused its Bitcoin acquisitions by public sector entities to satisfy International Monetary Fund (IMF) loan conditions, the country's Bitcoin Office continues to quietly expand the country’s national reserves. In the past month, El Salvador added another 32 BTC worth more than $650,000, bringing its total holdings to 6,161.18 BTC valued at roughly $584 million, consistent with...
Privacy blockchain Monero (XMR) jumped 51% on Monday—and on-chain investigators pointed to hackers laundering $330 million in stolen Bitcoin as the likely culprit. Early on Monday, on-chain sleuth ZachXBT highlighted a “suspicious transfer” made from a “potential victim” of 3,520 BTC (worth approximately $333 million). Soon after, the funds were swapped to XMR via multiple exchanges. ZachXBT believes this was “theft” due to the high fees paid and the suspicious activity once the funds had been m...
Spar supermarkets in Switzerland are preparing to roll out Bitcoin payments nationwide after a successful pilot backed by the crypto payments firm DFX Swiss, in a move that could make crypto a staple of everyday life. Earlier this month, Spar’s Zug location began accepting Bitcoin via the Lightning Network, using DFX Swiss’s OpenCryptoPay platform, an open, peer-to-peer standard designed for in-person crypto transactions. A second Spar store in Kreuzlingen followed a few days later. “Zug was ju...
