Dogecoin continued to trade close to a four-month high on Tuesday, following a 30% price surge to start the week. The rally came after Twitter changed its logo from the traditional blue bird, to a cartoon picture of Doge. Shiba inu was also higher, as it moved to a multi-week high.
Dogecoin (DOGE) was one of today’s biggest gainers, as markets continued to react to Twitter’s logo change. DOGE/USD raced to a high of $0.1026 late on Monday, following a low of $0.07663 earlier in the day. As a result of this move, the meme coin rose to its strongest point since December 5, when it hit a peak of $0.1118.
Another notable gainer on Tuesday was shiba inu (SHIB), which moved to a three-week high in the past several hours. Following a low of $0.00001065 to start the week, SHIB/USD climbed to a peak of $0.00001157 yesterday evening. This resulted in prices jumping by as much as 6%, hitting their highest level since March 14 in the process.
(by Eliman Dambell)
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