Every dog has its day: Dogecoin and Shiba Inu fetch 50% gains as altcoins rally

Cointelegraph

Published Aug 10, 2021 03:56PM ET

Updated Aug 10, 2021 05:40PM ET

Momentum the wider cryptocurrency market appears to be on the upswing this week after bulls pushed Bitcoin price to the $46,700 and Ether price to $3,150 on Aug 9.

The growing optimism has also translated into a bounce in dog-themed meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB), which have both seen their prices rise by more than 55% over the past three weeks.

DOGE/USDT vs. SHIB/USDT 4-hour chart. Source: TradingView
DOGE/USDT 4-hour chart. Source: TradingView
SHIB/USDT 4-hour chart. Source: TradingView

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