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Dogecoin and Dog Coins Lead Again
Dogecoin (DOGE) rose 8% on Monday, testing 6-week highs around $ 0.27
Oct 19, 2021
1 min read
Anna BakkerNews analyzer

At the moment, the ninth cryptocurrency has grown by 17%. Another “dog” coin, Shiba Inu (SHIB), showed the highest daily growth (+ 16.4%) in the first hundred of the rating.

Tesla CEO Elon Musk has once again raised the value of his beloved cryptocurrency with one tweet.

Musk commented on a post from Dogecoin co-founder Billy Markus, in which he called for "making Dogecoin more absurd." So Marcus made fun of a part of the crypto community that has a negative attitude towards altcoins, writes RBC. The billionaire then tweeted a drawing of an animal resembling a dog holding a rocket.

Cryptocurrency expert Jaktin Bennett believes Dogecoin is ready for a massive 500-1000% rally, but for that DOGE needs to regain its key support level of $ 0.24.

Another crypto meme, Shiba Inu, has responded to the rise of Dogecoin. SHIB has risen in price over the past two weeks by 240% and took 12th place in the rating of crypto assets by capitalization. The creators of altcoins call their token the "Dogecoin killer".

Speculators are "accelerating" the SHIB rate in anticipation of listing this coin on the Robinhood cryptocurrency exchange, a petition with such a proposal was posted on Change.org, the cryptor writes.

The petition to include Shiba Inu in the Robinhood app has gained 250,000 subscribers, happycoin writes. Now the goal of Z00 thousand undersigned seems quite achievable.

Robinhood added support for Dogecoin back in July 2018, just months after launch, Bitcoin and Ethereum were exchanged. In the second quarter, DOGE received more than a quarter of the company's total supply from deals.

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