Shiba Inu and Dogecoin benefit from crypto rally

Attention dog fans: The Shiba Inu course (SHIB) and the DOGE course follow the general upward trend in the crypto market. While Ether is slowly creeping towards $2,000 and crypto powerhouse Bitcoin broke through $26,000 today, March 14, things are looking good on the memecoin front as well.

Shiba Inu course (SHIB) with a week plus

At $0.000012, the Shiba Inu price is almost five percent above its price from last week. The memecoin has gained almost four percent in strength in the last 24 hours. In the course of the month, however, it shows that the fun coin has had to nibble on in the past. Here the Shiba Inu course is still in the red at over nine percent.

DOGE: Dogecoin with a slight plus

DOGE, Elon Musk’s favorite coin, can also benefit from the uptrend in the crypto market. A very similar picture emerges here as with the Shiba Inu course. At $0.76269, DOGE is up four percent compared to the previous day. The coin has gained 3.25 percent over the past week. Similar to SHIB, however, things are looking less good over the course of the month – here the cryptocurrency recorded a minus of six percent.

In the search for more dog coins, however, you have to dig far down the list of cryptocurrencies. The FLOKI token is in 105th place. With this fun coin, the numbers are quite similar to DOGE and the Shiba Inu course. The 24-hour plus of 4.5 percent cannot make up for the monthly minus of almost eight percent.

A look at the memecoins shows that the current crypto rally is not yet sufficient to pull the less substantial projects up in the long term. That these can also overcome their low for the month still requires some convincing by the crypto driving forces Bitcoin, Ether and Co.