Why Did The Dogecoin And Shiba Inu Prices Surge Over 10%?
Dogecoin and Shiba Inu prices surged over 10% recently, recovering losses from previous months. This price increase follows US President Donald Trump's announcement to suspend tariffs on most countries for 90 days, while indicating that tariffs on China would decrease but not reach zero. The news positively impacted the crypto market, with Bitcoin's price rising from $84,000 to $94,000, adding over $100 billion to its market cap. Dogecoin's trading volume exceeded $2 billion, with its price increasing from below $0.17 to above $0.18. Shiba Inu's trading volume rose 88% to over $315 million, with its price climbing from $0.00001288 to $0.0000189. Continued price increases are anticipated in the coming months, with Dogecoin and Shiba Inu leading the meme coin sector.
