Dogecolony Soars Overnight

A new P2E coin known as Dogecolony is coming to the forefront, leading the charge for DOGE and SHIB knockoffs on Friday. While it seems as though there are millions of these knockoff coins, there are only so many, and they all are looking to be more innovative than the last. Previously, Benzinga has reported on PetFloki and NinjaFloki, platforms that want to change the crypto landscape and increase adoption among new users. Dogecolony bills itself as the project that can be the main token of the DOGE future, creating a play-to-earn game that users can currently demo. The token was recently listed on CoinMarketCap and picked up more than 600 holders in just 2 days. This news comes as both Dogecoin and Shiba Inu hope to recover from significant losses tied to the falling global crypto market cap. Dogecoin is down more than half a percent in early activity while Shiba Inu lost almost a percent in the last 24 hours, dealing blows to holders of both coins as their prices are so low. At press time, Dogecolony was up more than 500%, trading at a fraction of a penny on an increasing market cap and a steep jump in volume.