Home » Business » This is why the Shiba Inu and Dogecoin prices are rising again

This is why the Shiba Inu and Dogecoin prices are rising again

For Shiba Inu, the tide is finally turning as the price has finally risen again for the past 7 days. According to various analysts, this means that the price will rise much more in the coming period.


Price up 23% from January 10

As of January 10, the share price has skyrocketed by 23%. This price increase has resulted in a new influx of investors. There is again more demand for SHIB tokens and that is good news.

The uptrend started on January 10 and lasted for at least three days. This step up was partly caused by the rumors that trading platform Robinhood might want to add the token after all. For now, however, this seems to be just a rumor.

However, this has rekindled the enthusiasm of SHIB investors. Such a listing on the platform would be extremely bullish.


Do you want to trade SHIB on one of the largest and most reliable exchanges in the world? Click here and go to KuCoin.


Dogecoin also makes nice profits

In addition to Shiba Inu, Dogecoin also made beautiful profits. This happened because Tesla announced that it is now accepting DOGE tokens in its Merch store. In the past 7 days, the Dogecoin price has increased by more than 23%.

It is difficult to predict what will happen to the SHIB and DOGE price in the short term. Both tokens are extremely dependent on the adoption of companies. Still, analysts say things are looking pretty positive for both meme tokens right now.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.