Doge is back in the game. The meme coin is gaining momentum with investors and traders. The coin was depicting impressive gains, accompanied by its SHIB counterpart. meme coin value at press time in 0.2513 USD With gains currently in 5.57%. The currency reached its peak earlier than 11% on the charts.
The price of the dog does not fade!
While currency rates remained stable for a short period. However, the coin’s popularity and acceptance still carries its luster. AMC theaters made Ads on a public platform. The theater chain will now accept DOGE and other cryptocurrencies as payment for its digital gift cards. Digital gift vouchers can be purchased for up to $200 per day using Bitpay wallet.
Coinpedia previously reported a survey, conducted by CEO Adam Aaron of AMC Theaters. Where users can vote their opinion on whether AMC theaters should accept Dogecoin. Surprisingly, a survey indicates that the DOGE mention saw a rise of 3032% in January 2021.
Whereas, BTC reports a 44% drop in all signals from the beginning of the year to August across 7 coins in 2020. The signals were cleared from social media platforms. Viewers are enlightened by people’s curiosity on DogeCoin.
Sheep to overtake this dog Q4?
SHIB is trending towards ATH, influencing its fellow meme coins to follow its trend. The currency is traded in $0.0002301 with gains 64.73%. The market value of the coin hovering around 9 billion dollars. Which is more than a billion dollars in an impressively short period of time. SHIB has seen a price change ~ 28.67% since the day before.
If the coin maintains momentum, SHIB could also outperform Doge, perhaps, in the fourth quarter in terms of market capitalization. Statistics justify expectations. Furthermore, Shiba Inu offers Shibaswap, NFTs, a limited number of tokens, and deflationary burning of tokens. Give her the upper hand on the Doge.
In short, Shiba is about to create new records in space. Meanwhile, sections of enthusiasts believe that Floki Inu flips both Dogecoin and Shiba Inu.
Due to it being the 3rd largest meme currency and for its advertising campaigns. Emotional beliefs play a pivotal role in meme coins. However, it is a delightful sight for space lovers.