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Ethereum, Dogecoin and Bitcoin Cash Are Gaining From BTC

 Bitcoin is not the only digital currency on the up today--it's pulled along meme coins,  Ethereum, and one of it is spin-offs.

Bitcoin's surge may be getting the headlines, but a number of altcoins like Dogecoin (DOGE) and Shiba Inu (SHIB) are also experiencing big gains.

Ethereum, Dogecoin and Bitcoin Cash Are Gaining From BTC


dogecoin, the biggest meme  coin in existence and the 10th largest digital asset by market cap, was last of  weeks biggest gainer and is still gaining today: over the past 24 hours, it's close in on a 5% up and is trading hands for $0.08

Meme coin shiba Inu has also seen sizable gains, having risen about 6% in the past day. The dogecoin competitor and meme coin is the 19th biggest cryptocurrency by market and is right now trading for $0.000008888

Meme coins-volatile cryptocurrency based on Internet meme last week got a boost after a number of new token sprung into existence following the deaths of legendary investor Charlie mungar and divisive diplomat Henry Kissinger. But the meme coins have already seen their moment pass. mungar has done less than $1000 in volume in the past 24 hours and the Kissinger token has seen none of the tokens change hand at all since yesterday.

Ethereum, the second biggest digital currency by market cap, is also up, having gained more than 2% in the past day. It is currently priced at $2,208 per coin.

All eyes are on Bitcoin, though, which has continued to hit highs not seen since the biggest coin in existence crashed in May 2022.

Renewed interest has flooded the market as investors are optimistic that the Securitis and Exchange Commission will approve a spot Bitcoin exchange traded prodect after ten years.

The asset has surged by over 12% in the past week but is still well below its November 2021 all-time high of $69,044; it is currently priced at $41,256 per coin.