Memecoins Explode Weekly: BabyDoge Soars 150%, SHIB Up 28% (Weekend Watch)
February 5, 2023
Today’s top performers are two of the most popular memecoins.
Unlike some of the previous weekends since the start of the year, this one has been rather calm for bitcoin, which remains slightly above $23,000.
Some altcoins, though, have performed more impressively, including OKB and a few memecoins.
SHIB, BabyDoge Skyrocket
Shiba Inu had a massive daily increase of over 10%. However, the second-largest memecoin is well in the green once again on a daily scale. SHIB is up by another 7.5%, while its weekly gains are almost 30%, making it one of the best performers for the past seven days.
Among the few alts that have done better is another memecoin – BabyDoge Coin. The Dogecoin spin-off has soared by roughly 150% within the same timeframe.
OKX’s native cryptocurrency has soared by almost 7% in the past 24 hours and has tapped another high at nearly $45. Ethereum, Binance Coin, Ripple, Cardano, Dogecoin, and MATIC are also slightly in the red from the larger-cap alts.