Dogecoin Copycat Coin Surges by 50% Amidst Ongoing Meme Coin Frenzy

Dogecoin

New contenders are emerging regularly as Dogecoin, Shiba Inu, and other well-known meme coins continue to dominate the meme coin landscape. Among them, Pepe Coin and LADYS have captured attention with remarkable gains, inspiring the rise of new meme coin imitations.

One of the recent additions to this trend is a clone of the leading meme coin, Dogecoin. Known as Doge CEO, this new DOGE replica has experienced an astronomical surge within the past 24 hours.

Read Also: Dogecoin Outperforms BTC as DRC-20 Tokens Gain Traction

Dogecoin Clone Gains Huge Momentum

In the past 24 hours, Doge CEO has experienced a significant surge, with its price skyrocketing by 54%. Currently priced at $0.000000000009, the copycat’s market capitalization has reached $2,971,567.

During this period, the trading volume for Doge CEO has seen a staggering increase of 7326%, amounting to $7,755,099. The exact cause behind this surge in value remains unknown. It is worth noting that Doge CEO has witnessed a remarkable 1400% rise from its all-time low recorded on March 10, 2023.

The cryptocurrency market has been amidst a meme coin season, with several of these coins experiencing substantial gains ranging from three to four digits within a few days. However, it remains uncertain how long the meme coin frenzy will persist.

Read Also: Battle of the Memes: Pepe Coin vs. Dogecoin – Where Should You Invest Your $1000 Now?

Disclaimer: The information in this article should not be considered financial advice, and FXCryptoNews articles are intended only to provide educational and general information. Please consult with a financial advisor before making any investment decisions.

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