Another ‘Ruff’ Week — Inu Corner: Memecoin Roundup (Oct. 21) – BSC NEWS
Weekly Memecoin Update
It was another difficult week for our top memecoin protocols. Most dog-themed projects dropped in price in the past seven days.
Despite the bear market, these projects continue to improve their utilities in the Decentralized Finance (DeFi) space.
Let’s give a recap of how they fared in the past week:
Dogecoin ($DOGE)
$DOGE continues its run as the number one memecoin by market capitalization, although the token’s market cap dropped from $7.9 billion to $7.8 billion.
- $DOGE fell by 0.07% in the past seven days. As of writing, the token was trading at $0.05953 with a 24-hour decrease of 0.62%.
- $DOGE’s latest utility remains its acceptance as a payment option by billionaire supporter Elon Musk. Users can purchase the Tesla CEO’s Burnt Hair perfume with $DOGE.
- In the meantime, $DOGE is preparing to celebrate its ninth anniversary in December.
- Also, the Dogecoin Hackathon event is drawing near. The maiden event will kickstart on Nov. 15 in Australia.
Shiba Inu…
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source: https://news.oneseocompany.com/2022/10/21/another-ruff-week-inu-corner-memecoin-roundup-oct-21-bsc-news_2022102134032.html
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