Crypto Analysts Reject Latest DOGE, SHIB Rally as Contrarian Signal

Crypto Analysts Reject Latest DOGE, SHIB Rally as Contrarian Signal

Dogecoin (DOGE), the biggest meme cryptocurrency by market cap, has gained 21% in the past seven days to trade near nine cents, the most since June 1. Shiba inu (SHIB), the self-proclaimed dogecoin killer, rallied more than 50%, hitting a three-month high of $0.00001700, according to CoinDesk data. Market leaders bitcoin (BTC) and ether (ETH) have risen just 3% and 11%, respectively.

Originally Posted on: https://www.coindesk.com/markets/2022/08/17/crypto-analysts-reject-latest-doge-shib-rally-as-contrarian-signal/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
By: Omkar Godbole

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