Stock Groups

Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout? By Cointelegraph

[ad_1]


Meme coins are among the first to make a splash at the beginning of the bull run. Big-name figures like Elon Musk, Mark Cuban and Mark Cuban contributed to the rise in ().DOGE(). DOGE’s success eventually led to a large number of other dog-themed meme coins.

The pack is back on the road this week after (SHIB), which saw a triple digit breakout. DOGE seems ready to make a move and push higher. “‘s (BTCA sudden rise above $55,000 appears to be what triggered the movement. Even though the price is moving lower in order to test the underlying support, the meme-tokens continue to flash bullish signals.

The top 5 meme coins based on market capitalization. Source: CoinGecko
VORTECS™ Score (green) vs. DOGE price. Source: Cointelegraph Markets Pro