Dogecoin (
$0.081 ) and Shiba Inu have been hit especially hard by the falling global market cap, forcing these tokens down in tandem with apex currencies like Bitcoin (
$76,365.00 ) and Ethereum (
$2,441.26 ) . However, NinjaFloki has been soaring as there is a gap in the market that can be filled with tokens that trade at a fraction of a penny. Named for Elon Musk’s dog, NinjaFloki is up over 300% in the last 24 hours, gaining more than 300% against Bitcoin ( $76,365.00 ) and Ethereum ( $2,441.26 ) and remaining up more than 47% since 2022 began. Interestingly, in the last 7 days, NinjaFloki has lost more than 64% and more than 53% in the last 30 days. The token has been able to surge through the marketplace, but it is not nearly as popular as Dogecoin ( $0.081 ) or Shiba Inu, and there is no guarantee that it is going to continue to climb for many months to come. The project behind NinjaFloki calls itself a gaming-based passive income platform that rewards its holders in Binance USD. Plus, the token announced on Wednesday that it would have good news coming next week, presumably its first play-to-earn game. At press time, NinjaFloki was up over 148%, still trading at a fraction of a penny on a flat market cap and rising volume.
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