Why is Saitama Inu outperforming Dogecoin today? – Dogecoin – US Dollar ($DOGE)

Dogecoin (CRYPTO: DOGE) winnings are lower than the counterfeit coin Saitama Inu (CRYPTO: SAITAMA) on Sunday.

What happened: SAITAMA was up 19.16% to $0.00000001058 over the 24 hours, leading to Sunday evening press time, while DOGE gained 1.24% to $0.21 over the same period .

See also: How to Buy Dogecoin (DOGE)

Over a seven-day period, SAITAMA climbed 15.42% while DOGE fell 9.61%.

Over the past 30 days, SAITAMA has climbed 1085.95%, while DOGE has plunged 29.21%.

According to data from CoinMarketCap, SAITAMA has returned an impressive 24061.07% over the past 90 days. In a similar period, DOGE fell 18.58%.

Why is this important: SAITAMA launched on May 31 as an ERC-20 token and is named after a mysterious “ghost dog” believed to roam Japan’s mountainous Saitama Prefecture, which the project says was documented at the Mitsumine Shrine in Chichibu.

See also: Institutional Investors Prefer Ethereum Over Bitcoin, Says JPMorgan

The token was trending on the CoinMarketCap platform as well as Stocktwits at press time.

Over the weekend, the project announced that it would be rolling out the internal beta version of the SaitaMask wallet.

Meanwhile, major cryptocurrencies are globally rebounding after ignoring China’s announcement of a new ban on digital assets.

Read more : Growing Dogecoin Adoption, El Salvador Buys Bitcoin Dip, Institutions Prefer Ethereum, Twitter Tips, China Warning: Crypto Week In Review

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