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