While the new generation of Shiba Inu dog breed-inspired cryptos continues breaking the charts, the meme coin hype unravels as an influencer-dependent, community-driven market phenomenon.
Flokinomics, one of the newer Dogecoin (DOGE) knockoff tokens, which started trading following Musk’s recent tweet, pumped another 1,008% in the past 24 hours, according to CoinGecko’s data.
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