The prices of Dogecoin and Shiba Inu are up on a daily scale, but other assets like WIF and POPCAT have registered more significant gains.The cryptocurrency market returned to green territory after registering substantial losses inseveral days. Bitcoin briefly surged to $60,000, while Ethereum reclaimed the $3K level.
The meme coin sector witnessed an even more significant revival, with numerous assets of that type outperforming thethe Solana-based dogwifhat and Bonk Inu , all of which spiked by double digits on a daily scale.The cat-themed token25% in the past 24 hours, briefly soaring to an all-time high of over $0.60 .The entire market capitalization of the meme coin cohort jumped above $50 billion.
SHIB also seems poised for a bull run, considering the rise of some bullish indicators related to its ecosystem. Examples are the increased burn rate and the further development of the layer-2 scaling solution Shibarium., aiming to improve user experience, implement quicker block processing times, and empower the community of developers and innovators.SPECIAL OFFER
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