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

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

New use cases and a massive token burn signal that the dog days of summer could be over for DOGE and SHIB. 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: TradingViewDog-themed meme coins caught fire earlier in the year after....

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