Shiba Inu (SHIB) recently broke below the ascending trendline, which has maintained the price for the past 8 days, since 23rd of October. It has lost 1.38% over the 24-hour period to $0.00006676.
Meanwhile, some of the Shiba Inu knockoffs continued to see strong gains since Sunday night. Typically the Shiba Witch is up 302.4% over the past 24 hours, trading at $0.001158.
For comparison, this coin has surged 238.2% against Bitcoin and also up 238.9% against Ethereum, even as Halloween was celebrated on Sunday. The token is down nearly 17.6% from the all-time high of $0.001174 reached earlier on Sunday.
Another knockoffs, ElonDoge (EDOGE) has increased by 214.35% in the last 24 hours to $0.0000003483. Shibanomics (SHIBIN) was up 140.2% over a 24-hour period to $0.00006386 and finally, Dogeswap (DOGES) was up 113.2% to $54.76.
Shiba Witch, recently listed on CoinMarketCap and CoinGecko, says on its website that it is a single-player mobile game with only 8,000 characters of randomly generated non-fungible token (NFT) characters minted originally with custom features. Meanwhile, ElonDog’s mission is to prepare society for the Mars colony seriously and be able to power Mars society with a universal basic income using its token that operates on the Binance Smart Chain.
Shibanomics is a deflation token on the Binance Smart Chain. The coin took to Twitter to announce that it has reached a market cap of $100 million. And the last, Dogeswap aggregates DeFi services and automatically finds users the best price for token swaps. The token is down 94.1% from the all-time high of $931.96 reached in April.