Last Updated on November 23, 2021 by TARUN CHAUHAN
Cryptocurrency may well be made a synonym for volatility given that some of these tokens have seen a stupendous rise in prices in a short span.
On 22 November, it was the turn of Shih Tzu (SHIH), a token named after a dog breed that originated in China. The token has seen a wild rally in the last two hours. Shih is an affectionate, playful, and outgoing dog. There is no information is available on the circulating supply of Shih Tzu. The maximum supply is pegged at 1,000,000,000,000,000 SHIH coins.
A registered entity, Shih Tzu is a cross-chain-based meme token that brings together an ecosystem of NFT marketplace, a multi-chain-based wallet, and metaverse gaming.
The counter has surged about 600,000 %, Shih Tzu coins were trading at $0.00005477, up from $0.000000009105. Volume has also surged up to 65 % across exchanges. The token is among those unknown ones that suddenly gained thousands of percent, but no one seems to know why. Kokoswap, Ethereum Meta, and ARC Governance are among those that saw sudden but short-lived rallies.
What is Shih Tzu?
Shih-Tzu token is an ERC-20/BEP20 token built on Ethereum and Binance Smart Chain that focuses on improving the quality of life, and ultimately the happiness, of animals and critters across the globe.
Shih Tzu was the top gainer in the global crypto market, the data on the Cryptopickup website showed. Over the last 24 hours, the value of one token increased by 1,90,111.30 percent. One token was priced at $0.00001794, as per data. Ethereum Meta was back at the top gainers’ list by occupying the second spot in the top gainers’ pack, priced at $0.000005616 and up by 15,314.23 percent over the last 24 hours. C Y Finance, valued at $0.05043 per token, continued to come third with a surge of 640.47 percent in the last day.
Coinexpansion could not immediately verify the claims by the creators of the website and the token.