Dogecoin's slide this week after the failed 'Doge Day' has crypto traders eyeing a replacement for the world's favorite meme token | Currency News | F...
Dogecoin is a "meme" cryptocurrency that appears to have been created as a joke Yuriko Nakao / Getty Safemoon, a new digital token launched in March, quickly caught the attention of crypto traders. The search for the new cryptocurrency this week peaked on April 20th. The day Dogecoin should rise to $ 1. "SafeMoon is similar to Dogecoin in the sense that it is unclear what use the project has or will have," John Wu, president of Ava Labs, told Insider. Register here for our daily newsletter 10 things before the opening bell April 20th was supposed to be Doge's Day. But instead of seeing their favorite meme-based token rocket at $ 1, Dogecoin enthusiasts watched the social media chatter merge around a lesser-known coin: Safemoon. Safemoon was launched in March and is up around 2,000% in one month, according to CoinGecko. The search for the cryptocurrency this week peaked early April 20 as the momentum behind Dogecoin was set to pick up. The coin...