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Keep up with what's happening in the crypto world in real-time.

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cover-imageBenzinga
October 16, 2024

Dogecoin, Shiba Inu, Reached Multi-Billion Dollar Valuations In Months That Took Regular Companies Decades, Study Finds

A new study has highlighted how meme coins have achieved billion-dollar valuations at a pace that far outstrips traditional Nasdaq-listed companies. What Happened: The report reveals that while many established corporations took 25-35 years to reach billion-dollar valuations, meme coins like Shiba Inu (CRYPTO: SHIB) and Pepe (CRYPTO: PEPE) managed to hit these milestones within months, reshaping conversations around value creation in modern financial markets.

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cover-imageBenzinga
October 16, 2024

Dogecoin Rockets Up 10%, Shiba Inu Spikes 5%: What Is Going On?

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are surging, with the former benefitting from social media chatter about Elon Musk heading a “D.O.G.E” department. What Happened: Dogecoin, Shiba Inu and Dogecoin-themed cryptocurrencies have performed exceptionally well over the past 24 hours: Cryptocurrency Price Market cap 24-hour trend 7-day trend Dogecoin $0.1256 $18.386B +11.2% +15.1% Shiba Inu $0.00001875 $11.04B +5.2% +7.2% Department Of Government Efficiency (D.O.G.E) $0.026 $25.68M +122.4% +152.4% Also Read: Dogecoin's On-Chain Data, Chart Patterns Flash Bullish Signals: This Top Analyst Thinks It's A ‘Buy' Trader Notes: Crypto analysts are speculating on the potential impact of a Trump victory in the upcoming U.S. presidential election on certain cryptocurrencies, particularly those associated with the “DOGE” narrative.

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