Dogecoin Spikes 6%, Shiba Inu Up 7%: What Is Going On?
Posted On January 2, 2025
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.
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