Shiba Inu, Pepe, Dogecoin Explode By Double Digits, Total Liquidations Up To $150M

The entire crypto market turned green today, with BTC trading at a multi-month high and many larger-cap alternatives making impressive gains.

However, none is more impressive than the realm of meme coins, as all three leaders have soared into triple digits.

CryptoPotato reported yesterday the massive increase recorded by the second largest meme: Shiba Inu. However, the self-proclaimed Dogecoin killer has only doubled in the last 24 hours.

SHIB has soared 22% on a daily basis and is now trading at $0.000019, the highest price since mid-July.

Dogecoin is also up by double digits since yesterday. The OG meme coin has soared 11% and is now trading above $0.12. Remember yesterday’s report that the big whales have been on a buying spree, amassing $140 million of the asset in just 48 hours.

Also, there were signs that DOGE could continue higher towards $0.15 if it decisively conquers the $0.111 resistance, which appears to be the case.

The gains in the realm of meme coins don’t stop there. PEPE is up 14%, WIF up 10%, FLOKI up 13.5% and BONK is the best performer of the 100 biggest highs, adding 19% of daily value.

Bitcoin also made some daily gains, but in a much more modest way. The largest cryptocurrency was close to $66,000 today, but is now above $65,000 after a 3% rise since yesterday.

The total value of liquidated positions is up to $150 million, with BTC and ETH responsible for $41 million and $20 million, respectively.

Liquidations heat map. Source: CoinGlass SPECIAL OFFER (Sponsored) Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive an exclusive welcome offer of $600 to Binance (full details).

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