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In the chaos of the cryptocurrency industry, some counterfeit currencies have shown gains on the weekly chart, and their performance is noteworthy compared to major currencies. Shanzhai coin analyst Sherpa shares some of the next steps in the development of shanzhai coins in a new video

After a drop of over 25% within a month, the price of Dogcoin is $0.071

According to TradeView, Dogcoin [DOGE] plummeted by 5.4% on May 8th, causing a bearish break from its previous price consolidation range (yellow)

Dog coins have become too popular recently.After a recent surge, the initial issuance price of this virtual currency has risen by over 900 times

This morning, Dogecoin surged 8% to $0.1 in just one hour, and the on chain analysis account Lookonchain claimed that Musk was the largest whale to transfer out 300 million Doges 5 hours agoMusk's unique love for Dogcoin is a well-known fact in the cryptocurrency market, including Musk's previous announcement to build a payment system on Twitter, which was once seen as good news by Dogcoin investors, believing that Musk may support the use of Dogcoin within Twitter payments

In terms of short-term BTC price trends, it is becoming increasingly difficult to find bullish voices.Bitcoin fell below $28000 on May 9th as the market prepared for macroeconomic data release

Yesterday, the high point of the big cake BTC was 27930.21 points, closing at 27400

Source: Economic DailyUp 16 times in just one monthWhy is Dog Coin So CrazyOur reporter Li HualinAfter Bitcoin broke historical records one after another, another virtual currency, Dogcoin, has recently successfully "gone viral" and attracted market attention.According to data provided by the well-known digital asset trading platform OKEx, as of the morning of February 8th, Dogcoin was quoted at $0

Due to the devastating impact of the cryptocurrency market massacre on the entire digital currency economy, today's top meme coins have fallen by 4.8% against the US dollar

Nine years ago today, dog coins were first mined, and memes were celebrating their ninth birthday.Forbes reported that the leaked Twitter code shows that a cryptocurrency is being developed, which has raised serious doubts about the practicality of DOGE

DOGE was one of the best performing assets in the past week, as Bitcoin and Ethereum tended to decline in September. The meme coin seems to have responded positively to the possible acquisition of Twitter by billionaire and technology giant Musk

Source: Reading Special'Tothemoon' is a buzzword in the industry, meaning that currency prices soar.But the joke is about to come true