Investment

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duration: 1 Hour and 41 Minute

Hamster Coin Striking Major Gains in Dog Slump

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Back in July, Twitter ($TWTR@US) CEO Jack Dorsey tweeted as a joke that Hamster (CRYPTO: HAM) was better than Ethereum and Dogecoin — a cryptocurrency endorsed by Tesla ($TSLA@US) CEO Elon Musk — causing Hamster’s price to surge nearly 252% in 1 day. The tweet may have long arms as HAM struck major gains early Friday even as Ethereum and Dogecoin fell. Hamster has gained 17.3% over the past 24 hours. The coin is also trending in the top spot, per CoinMarketCap data. The token surged 23.9% against Bitcoin and rose 22.00% against Ethereum. Trading volumes in Hamster rose 30.7% to $2.99 million over 24 hours. For comparison, Ethereum is down almost 4.5% during the past 24 hours, trading at $4,053.22 at press time. Dogecoin has lost 5.1% over the past 24 hours to $0.2220. Hamster Coin, a token launched on the Binance Smart Chain network, took to Twitter on Thursday to say that it will be listed on the cryptocurrency trading platform P2PB2B.

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