The two largest memecoins by market cap are looking to outrun a new Solana-based rival.<\/p>\n
Dogecoin (DOGE<\/a>) and Shiba Inu (SHIB<\/a>) surged alongside Bitcoin and the broader market over the past week, leaving the new much-hyped dog-themed altcoin Bonk (BONK<\/a>) in the rear view mirror.<\/p>\n Bonk has witnessed a wild ride since its launch late last month, and is up 787% since its debut. But as Bitcoin and the broader market began rallying, BONK suffered a 56% decrease, from a seven-day high of $0.000002 on January 8th to a low of $0.00000088 on January 13th.<\/p>\n DOGE spiked from a seven-day low of $0.077 on January 10th to a high of $0.092 on January 14th, marking gains of over 16% in less than a week. DOGE has given up some its gains and is trading $0.084 at time of writing.<\/p>\n Even with last week\u2019s rally, DOGE is still down over 88% from its all-time high of $0.73, which it hit in May of 2021.<\/p>\n Meanwhile, Shiba Inu\u00a0ascended from a weekly low of $0.0000083 on January 8th to a high of $0.000011 on January 14th, representing gains of over 32% in less than seven days.<\/p>\n Shiba Inu has corrected since and is trading at $0.000010 at time of writing.<\/p>\n While the Dogecoin competitor has climbed in the past few days, it remains down 88% from its all-time high of $0.000086, recorded in October 2021.<\/p>\n Don’t Miss a Beat \u2013 Subscribe<\/a> to get crypto email alerts delivered directly to your inbox <\/span><\/em>
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