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Forget Dogecoin, Shiba Inu, This Crypto Named After Elon Musk's Pet Surged 200% In January

Published 01/02/2023, 13:34
Updated 01/02/2023, 14:40
© Reuters.  Forget Dogecoin, Shiba Inu, This Crypto Named After Elon Musk's Pet Surged 200% In January
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Benzinga - Floki (CRYPTO: FLOKI) rallied over 205% in January, leaving behind the top five meme coins by market capitalization.

Cryptocurrency Gains 30 Days (+/-) Price
Dogecoin +32% $0.094
Shiba Inu +45% $0.00001166
Dogelon Mars +25.89% $0.00000035
Floki +205% $0.000023
Baby Doge Coin +52% $0.00000000149

What Happened: At the time of writing, FLOKI was trading at $0.000028. The rally in FLOKI price came as holders voted for a proposal for burning millions of FLOKI tokens. The proposal has been approved, with over 4.97 trillion tokens, worth over $55 million removed permanently from circulation.

See Also: Best Crypto Day Trading Strategies

The second on the list is Baby Doge coin (CRYPTO: BABYDOGE) up 52% in the last 30 days. This can be attributed to BABYDOGE’s announcement that the new Burn portal is in development.

The third is Shiba Inu (CRYPTO: SHIB) which saw a significant rise after its developer Shytoshi Kusama revealed the long-awaited layer-2 blockchain Shibarium.

The fourth is Dogecoin (CRYPTO: DOGE) posting 32% gains, trading at $0.094 after Twitter reportedly is set to add crypto functionality to its payments feature. Last on the list is Dogelon Mars (CRYPTO: ELON), up 25.89% in the last 30 days.

Read Next: Bitcoin, Ethereum, Dogecoin Spike Ahead Of Fed Decision: Analyst Sees Apex Crypto Hitting 'Triple-Headed Resistance Monster'

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

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