Three cryptocurrency tokens have emerged as the top contenders on the leaderboard: The Dogeson, a whimsical tribute to Elon Musk, his offspring, and Dogecoin; Shiro Neko, a feline-inspired token linked to gaming and NFTs; and Orbit, a coin with a cosmic theme.
These digital assets led the gainers’ charts on Saturday evening. Let’s delve deeper into each one.
Dogeson
The Dogeson (DOGESON) is a Doge-themed cryptocurrency named after a famous image posted by Elon Musk of himself and his son, X Æ A-12, which has skyrocketed by over 90% as of Saturday evening.
With a market capitalization of approximately $146.6 million, this token operates on the Ethereum blockchain and has attracted attention for its narrative surrounding a “space-bound Doge,” blending humor with a decentralized finance (DeFi) concept.
Information regarding The Dogeson’s founding team or developers remains sparse.
Shiro Neko
Shiro Neko (SHIRO) represents a new cryptocurrency venture that integrates blockchain technology with play-to-earn (P2E) gaming.
This ecosystem revolves around a native token designed for in-game purchases, staking, and governance.
The token has risen by over 83% as of the last update, boasting a market capitalization of approximately $441 million.
Shiro Neko emphasizes a community-centric approach, providing immersive gaming experiences and collectible in-game assets, such as NFTs. It aims to draw in both gamers and cryptocurrency aficionados with competitive challenges and tangible rewards.
Furthermore, Shiro Neko is building on Shibarium, the Layer 2 blockchain for the Shiba Inu ecosystem, solidifying its presence within an established crypto community. The project is also expanding into the entertainment sector by creating an animated series featuring “Shiro,” the cat.
The token recently conducted its Initial Exchange Offering (IEO) on Gate.io, with 88 billion tokens made available for purchase, constituting 0.01% of its total supply of 1 quadrillion tokens.
This signifies a commitment to fostering early adoption and building a community in the realm of crypto-gaming.
Orbit
Orbit (ORBIT) experienced a 77.6% increase as of Saturday evening, with an estimated market cap of around $44 million.
Developed on the Blast Chain, the native utility token of the Orbit Protocol serves multiple functions, including facilitating governance, incentivizing participants, and enabling staking for rewards.
The protocol also has a Total Value Locked (TVL) of over $6.4 million and maintains a fixed overall supply of 100 million.
Currently, ORBIT shows significant price volatility, with a 24-hour price range between $0.02543 and $0.06379.
