Dogecoin, Shiba Inu Rise 4%: Why Are DOGE And SHIB Going Up?

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are spiking on Friday, fueled by a significant spike in Shiba Inu’s burn rate and speculation about a DOGE-focused ETF.

Cryptocurrency Price    Market Cap 24-Hour Trend 7-Day Trend
Dogecoin (CRYPTO: DOGE)  $0.3628 $53.6 billion +4.5%  -11.7% 
Shiba Inu (CRYPTO: SHIB)  $0.00002045 $12.04 billion +3.5%  -15.6% 
Pepe (CRYPTO: PEPE)  $0.00001587   $6.7 billion +8.2%  -19.3%

Trader Notes: Crypto analyst Investing Haven highlights Shiba Inu’s promising trajectory despite short-term resistance.

Price targets for 2025 range between $0.0000743 and $0.0000888, supported by its alignment with long-term growth trends.

December’s analysis bolstered confidence in SHIB’s mid-to-long-term strength.

Full story available on Benzinga.com

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