Shiba Inu, Pepe, Dogecoin Explodes In Double Digits, Total Liquidations Up To $150M

Shiba Inu, Pepe, Dogecoin Explodes In Double Digits, Total Liquidations Up To $150M


The entire crypto market turned green today, with BTC trading at multi-month highs and many large-cap alts posting impressive gains.

However, as the three leaders are up in triple digits, none is more surprising than Mem Coin's territory.

CryptoPotato reported yesterday that the second biggest meme – the Shiba Inu – has seen its biggest increase. However, the self-proclaimed Dogecoin-killer has doubled in the past 24 hours.

SHIB is up 22% on the day, and now trades at $0.000019 – its highest price tag since mid-July.

Binance

Dogecoin is up by double digits since yesterday. The OG meme coin is up 11% and now trades above $0.12. Remember yesterday's report that the big whales were on the market for 140 million dollars in 48 hours.

Moreover, there were indications that DOGE could rise to $0.15 if it decisively overcomes the $0.111 resistance.

The profits from the meme coin empire don't end here. PEPE was the top performer of the top 100 alts, WIF by 10%, FLOKI by 13.5%, and BONK by 19% on a daily basis.

Bitcoin managed to post some daily gains but very modestly. The largest cryptocurrency touched $66,000 earlier today but is now above $65,000 after gaining 3% since yesterday.

The total value of liquid positions is up to $150 million, with BTC and ETH responsible for $41 million and $20 million respectively.

Liquid temperature map. Source: CoinGlass
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