$DOGE price pump30.77%, driving SHIB, WIF and other "shitcoin" general rise Gate.io News: Recently, influenced by factors such as Trump taking office and Musk being highly active before and after the election, DOGE price has risen more than 30% in the past 24 hours, with a market capitalization of 42.8 billion US dollars, ranking 6th on the Token leaderboard. This is a new high in nearly 3 years. According to CMC data, DOGE's 24-hour trading volume ranks third, and the market trading enthusiasm is extremely high, driving the rise of dog-themed MEME coins within 24 hours. SHIB price rose 20.84% in the past 24 hours, WIF price rose 21.65% in the past 24 hours, BONK price rose 18.10% in the past 24 hours; FOLKI price rose 26.91% in the past 24 hours. gate data shows that the price of $DOGE has pumped by 30.77% in the past 24 hours, with the current price at $0.2971, a market cap of $42.84B, and a 24-hour volume of $941.16M.

Golden Finance reported that according to Spot On Chain monitoring, a certain SHIB early buyer exchanged 1,003 ETH (2.31 million US dollars) for 2.86 billion NEIRO in the past hour. Although the Whale earned 145 million US dollars from SHIB in 2021/22, the two out of the recent three transactions (including NEIROETH and the second SHIB transaction) resulted in a loss of 13.48 million US dollars. However, on August 30, the Whale converted the loss-making SHIB into 3.114 million FET, which still has an unrealized profit of 715,000 US dollars (+20.7%).