jumped alongside and several meme coins recently as Bitcoin soared to $93,000, triggering a sharp price rally. Bitcoin hit several all-time highs before reaching $93,000, as the crypto market reacted to Donald Trump’s election victory.
Shiba Inu and Dogecoin followed, recording impressive price increases. The market has seen Shiba Inu (SHIB) reach $0.00002451, a growth of 26.90% over the past month. Dogecoin also surged, rising from 332.38 over the same period to its current price of $0.363.
Analysts expect Shiba Inu (SHIB) and Dogecoin (DOGE) to remain in the green zone over the coming months, saying Bitcoin will continue its rally, thus maintaining the bull market.
Shiba Inu (SHIB) is also attracting more investor attention as its DeFi ecosystem grows following a . However, other investors say new RWA tokens like Propichain have better potential than meme coins like Shiba Inu and Dogecoin (DOGE).