Bitcoin regains the $43,000 region, while the top 10 nominations of meme coin projects are under discussion. On Tuesday, the cryptocurrency market was on the rise after Fed Chairman Jerome Powell’s statements. With BTC adding more than $900 to its value, DOGE is 4%. It reacted down 20 percent and SHIB up 5%. In this article, 4% in the same period. Let’s take a look at what’s going on with the Shiba Hunter (SHUNT), which has sprung over 600.
Meme coin boom of the day: Shiba Hunter (SHUNT)
Shiba Hunter (SHUNT) 4% in the last 24 hours. It is up by 600% and at the time of writing, it is trading at $0.0000001711 according to data from CoinMarketCap. Meme token is 1% against Bitcoin. 380, 1% against Ethereum. It gained more than 340 values. For comparison, Dogecoin has lost more than 4% in the last 24 hours and is trading at $0.1558 at the time of writing. The self-described “Dogecoin killer” Shiba Inu rose almost 5% in the 24-hour period to $0.1558.
Why is the Shiba Hunter (SHUNT) elevated?
Shiba Hunter describes itself as a character-based animation game that allows players to earn income while enjoying playing video games. The game is scheduled to be released in February. The meme token, which can be purchased through PancakesSap, announced on Twitter that it was newly listed on CoinMarketCap and CoinGecko. According to CMC data, SHUNT has gained 4% in the last 24 hours after listing. It gets to 600.
Cryptocoin. com
As we quoted , the crypto market has been on the rise after Fed Chairman Jerome Powell announced that asset purchases will be terminated in March this year and that the law on cryptocurrencies is in preparation. This momentum is currently consolidating in the regions of $3,200 in $43,000 ETH in BTC, with Cardano (ADA) and Terra (LUNA) rising 8%, with the top 10 altcoins averaging 5%.