{"id":355292,"date":"2022-11-01T22:01:38","date_gmt":"2022-11-02T02:01:38","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=355292"},"modified":"2022-11-02T05:06:19","modified_gmt":"2022-11-02T09:06:19","slug":"meme-coins-are-on-a-roll-after-musk-twitter-acquisition-buy-doge-and-shib-now","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/meme-coins-are-on-a-roll-after-musk-twitter-acquisition-buy-doge-and-shib-now","title":{"rendered":"Meme Coins Are on A Roll After Musk Twitter Acquisition – Buy DOGE and SHIB Now?"},"content":{"rendered":"

Meme coins have been trading in the green zone over the past week. Dogecoin has been leading the rally with gains of over 120% in the last seven days. Shiba Inu is also up by more than 20% over the past week. Meme coins are gaining amid Elon Musk’s Twitter acquisition.<\/p>\n

Meme coins surge after Elon Musk’s Twitter acquisition<\/h2>\n

Dogecoin has continued to trade in the green zone after a massive uptrend that delivered significant gains last week. The gains have increased the meme coin’s market capitalization, which now stands at over $19 billion, ranking DOGE as the eighth largest cryptocurrency. At the time of writing, DOGE was trading at $0.14.<\/p>\n

Shiba Inu has also benefited from the meme coin rally, which is up by double-digits over the past week. However, the meme coin shows signs of retracing after dropping 1.4% in the last 24 hours. At the time of writing, SHIB was trading at $0.0000126.<\/p>\n

Other DOGE-themed low cap cryptos, such as Dogelon Mars and Floki Inu, have also pumped. ELON is up 12.8% in the past to trade at $0.000000502 at the time of writing, while FLOKI has dipped 0.6% to trade at $0.00001212 at the time of writing.<\/p>\n

Meme coins are up as expectations build up on the possibility of Elon Musk adding DOGE payments on Twitter. Musk has announced<\/a> that Twitter users will pay $8 to be verified, and DOGE could be among the accepted currencies.<\/p>\n

This meme coin could rally 10x<\/h2>\n

Tamadoge (TAMA)<\/a>, one of the newest meme coins, can potentially make major gains today. At the time of writing, TAMA was trading at $0.0308 after an 8.8% dip in 24 hours. TAMA is cooling off after a significant rally that has seen the coin gain 28% in one week.<\/p>\n

\"Meme<\/p>\n

Tamadoge is one of the best utility tokens because it powers the Tamaverse. Tamaverse is a metaverse gaming world where players can breed, mint, nurture and use their Tamadoge pets to battle with other players to receive rewards in TAMA.<\/p>\n

The utility offered by this meme coin could see it making significant gains in the short and long term.<\/p>\n

Altcoins to consider buying<\/h2>\n

If you are considering investing in meme coins, you could also diversify your portfolio with the three top presales happening today.<\/p>\n

The Dash 2 Trade<\/a> presale has already raised more than $4 million. Dash 2 Trade provides crypto investors with trading signals to aid decision-making. The platform combines the best tools and features to help traders understand the market.<\/p>\n

The IMPT<\/a> presale is also seeing high demand. The presale has raised more than $11.91 million, and IMPT is attracting much interest from ESG investors as a green crypto. The IMPT.io platform aims to assist individuals and companies lower their carbon footprint.<\/p>\n

The other presale to consider investing in is for Calvaria<\/a> (RIA). Calvaria is a play-to-earn game that will be accessible to all, as making payments in cryptocurrencies will not be mandatory. The RIA presale has raised more than 1.1 million USDT.<\/p>\n

Related<\/h3>\n