Benzinga - A new meme token named Dawkoins (DWK) has seen a rise of 400% in value in just 24 hours, outperforming well-known meme-based cryptocurrencies such as Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB).
What Happened: This spike comes with the unique birthday tribute paid to Richard Dawkins, the esteemed evolutionary biologist.
DOGE, SHIB were both up 4-8% in the last 24 hours.
Why is Dawkins getting a cryptocurrency named after him? Well, Dawkins is the person who first introduced the concept of a ‘meme’ in his groundbreaking 1976 publication, “The Selfish Gene.” On Dawkins’ 83rd birthday, admirers decided to honor him with this novel gift – a digital currency carrying his namesake: Dawkoin.
The newly minted Dawkoin has already achieved a market capitalization of over $10 million, with all trading activity occurring on decentralized exchanges. In the course of a single day, there have been 22,969 transactions, showcasing the coin’s explosive entrance into the cryptocurrency market. The total supply of Dawkoins stands at 989,500,203.32.