Biggest Movers: DOGE, SHIB Near 10-Day Highs, Following Recent Surges in Price – Market Updates Bitcoin News

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SHIB up 15% on Tuesday, as DOGE extends gains following Elon Musk backing.

SHIB was trading almost 15% higher during today’s session, as its price approached a ten-day high. Its fellow meme coin, DOGE, was also in the green on Tuesday, with prices hitting their highest point since June 12.SHIB was once again in the green on Tuesday, as it continued to move away from this weekend’s lows.

Since then, prices have picked up momentum, and today saw prices hit an intraday peak of $0.000009556.This is the most the meme coin has traded at since June 12, and comes as bulls are attempting to recapture a key resistance point. Overall sentiment in SHIB seems to have turned bullish, with relative strength now tracking at its highest point since April.Since Elon Musk stated that he will continue to support DOGE despite its recent declines in price, the token has racked up steady gains.

 

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elonmusk Have you seen this Movie 'UNCUT GEMS'?

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Done follow

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