Shiba Inu and Dogecoin Facing Strong Price Increase as Crypto Market Recovers

ICYMI: ShibaInu and Dogecoin spike 6% and 3%, facing a strong price increase in the last six hours $SHIB $DOGE

Compared to October, Shiba Inu gained a strong fundamental background with numerous projects and use cases related to Shiba Inu being released from December to January, including a themed Shibarium Metaverse and the opening of the fast food chain. The token is also going through constant burning events.Shiba Inu's counterpart has also received the attention of the recovering market and gained more than 3% of its value in recent hours.

market performance was far from being satisfactory as the coin has been trading in the rangebound in the last two months right after losing 56% of its value since the local high.

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