New Tokens Reach All-Time Highs

Knockoff tokens are storming the market, attracting investors who would have once turned to Dogecoin and Shiba Inu. As a result, DOGE and SHIB are falling while the market yields to coins that you’ve either heard of and haven’t paid much attention to or those that are almost brand new. GenshinShibInu, or GSHIB, is up 225.98% in the last 24 hours, reaching an all-time high on Sunday. ShibaBNB.org’s token is up 163.22% over the last 24 hours, and Santa Floki is up 52.9% over that same period. Plus, FlokiBonk rose 47.18%. GSHIB, for its part, is an AI rebase and reward token on the BSC while ShibaBNB wants to offer a DeFi instant payment system, focusing on developing nations. Additionally, Santa Floki is a BSC project that aims to help investors by building a better community and finding a purpose. Finally, FlokiBonk is working on the BSC, using auto-staking and liquidity generation protocols.