Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) fell on Tuesday evening along with some major cryptocurrencies.
However, some of the knockoff coins are seeing strong gains, with Dogecolony (CRYPTO: DOGECO) up 690.1% during the past 24 hours to $0.0000007905.
What Happened: Dogecolony has surged more than 680% each against Bitcoin and Ethereum.
| Time-frame | % Change (+/-) |
|---|---|
| 24-hour | +690.1% |
| 24-hour against Bitcoin | +687.1% |
| 24-hour against Ethereum | +695.5% |
| 7-day | +32.2% |
| 30-day | -72.7% |
| YTD | N/A |
For comparison, Dogecoin is down 4.0% during the past 24 hours, trading at $0.1576 at press time. Shiba Inu, the self-described “Dogecoin killer,” has lost 4.6% over the 24-hour period to $0.00003146.
See Also: How To Buy Dogecoin (DOGE)
Why It Matters: Dogecolony says it aims to be the main token of all future Doge tokens.
The project behind the coin said it has released its play-to-earn (P2E) game that can be played as a demo.
The coin announced on Twitter that its holders will be able to play as their non fungible token (NFT) in the P2E game.
DogeColony #NFTs are fun and unique works of art, each with a different style.
— Doge Colony (@DogeColony_io) February 8, 2022
Holders will be able to play as their NFT in the #DogeCo #PlayToEarn Game.
A few lucky wallets will gain extra power, extra life and weapons that they can use in-game. pic.twitter.com/Dq2RoYbchp
Read Next: Major Dogecoin Purchase: BNB Whale Scoops Up 9M Doge Worth $1.4M
