Dogecoin Up 10%, Shiba Inu Rises 6%: What’s Driving The Surge?
Posted On January 14, 2025
Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are gaining momentum, trading significantly up on Tuesday morning.
Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
Dogecoin (CRYPTO: DOGE) | $0.3475 | $51.3 billion | +9.7% | -10.1% |
Shiba Inu (CRYPTO: SHIB) | $0.00002133 | $12.6 billion | +6% | -10.1% |
Pepe (CRYPTO: PEPE) | $0.00001721 | $7.2 billion | +6.6% | -15.4% |
Trader Notes: Crypto trader Kevin highlighted that Dogecoin’s price action remains strong as long as it holds above $0.26 within its bullish falling channel.
He noted that a breakout could target a potential move toward $1.30, although achieving this level would require substantial progress.