Doge is back to the game. The meme coin is gaining traction with investors and traders. The coin has been portraying impressive gains, accompanying its counterpart SHIB. The meme coin at press time values at $0.2513 with gains currently at 5.57%. The coin earlier peaked more than 11% on the charts.
DOGE Price Is Not Fading!
While the prices of the coin remained stagnant for a brief period of time. However, the popularity and acceptance of the coin still hold its glitter. AMC theatres have made announcements on a public platform. That the theatre chain will now accept DOGE and other cryptos as payment for its digital gift cards. The digital gift coupons can be bought for up to $200 per day with Bitpay wallet.
Coinpedia had earlier reported a poll, which was held by Adam Aron CEO of AMC theatres. Where users could vote their opinion on whether AMC theatres should accept Dogecoin. Surprisingly, a survey suggests that the mention of DOGE saw a rise of 3032% in January 2021.
Whereas, BTC mentions fell 44% of all mentions ytd through August across 7 coins in 2020. The survey of mentions is from social media platforms. And enlightens viewers of people’s curiosity on DogeCoin.
SHIB to Surpass DOGE This Q4?
SHIB is chugging towards its ATH, influencing its fellow meme coins to follow its trend. The coin is trading at $0.00002301 with gains of 64.73%. The market cap of the coin is hovering around $9 billion. Which is up by over a billion dollars in an impressively short duration of time. SHIB has seen a change in the price of ~28.67% since the previous day.
If the coin keeps up the momentum, SHIB could also surpass Doge, possibly, in Q4 in terms of market cap. The statistics do justify the expectations. Moreover, Shiba Inu offering Shibaswap, NFTs, finite count of tokens, and deflationary burning of tokens. Give it an upper hand over Doge.
Summing up, Shiba is on the verge of creating newer records in space. Meanwhile, sections of enthusiasts believe Floki Inu to flip both Dogecoin and Shiba Inu.
Owing to the fact that it is the third biggest meme coin and for its publicity campaigns. Sentimental beliefs do play a pivotal role in meme coins. However, it is a delightful sight for enthusiasts in the space.
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