Dogecoin Spikes 6%, Shiba Inu Up 7%: What Is Going On?

Meme coin veterans Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are gaining momentum on Thursday, fueled by Bitcoin (CRYPTO: BTC) surging above the $96,000 level.

Cryptocurrency Price 24-Hour Performance
Dogecoin (CRYPTO: DOGE) $0.3362 +5.9%
Shiba Inu (CRYPTO: SHIB) $0.0000226 +7.2%

Trader Notes: Crypto trader BitGuru highlighted Shiba Inu’s bullish momentum after breaking through resistance at $0.00002238, signaling a clear upward trend.

He noted that the recent pullback near $0.00002266 appears temporary, as buyers continue to dominate.

The trader forecasts a surge toward $0.00002280 or higher, with the setup aligning for a sustained breakout.

Full story available on Benzinga.com

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