Knockoffs Tokens Have Another Day Of Gains

Knockoffs of Dogecoin and Shiba Inu are still seeing gains even as the global crypto market cap continues to drop. Investors have been concerned about Bitcoin bottoming out, dropping well below $50 thousand. Plus, economic concerns ranging from the Evergrande ($EGRNF@China) fallout in China to power shortages in Central Europe are taking a toll on apex tokens. In the meantime, Prince Floki V2 is up over 4 hundred % in the past 24 hours, gaining more than 4 hundred % on Bitcoin. Christmas Floki X is up nearly 150%, and Flokinomics rose over 80% in the same timeframe. Floki Shiba gained more than 35%, but Dogecoin was down over 4%. As knockoffs steal a little market share from more “serious” meme tokens, they are rolling out additional support and features like NFTs, rebasing technology, smart staking, and more. At press time, Shiba Inu was down nearly 2%, slipping from its 24-hour high, coming in at #13 in the global crypto market.