Dogecoin, Shiba Inu, and Thorchain have seen significant price increases in recent days. Dogecoin, the meme cryptocurrency, surged by over 30% in the last week, while Shiba Inu, a Dogecoin competitor, jumped by nearly 50%. Thorchain, a decentralized finance platform, rose by over 25%. The reasons for the price increases are varied. Dogecoin gained popularity due to Elon Musk’s continued support on social media. Shiba Inu benefited from a listing on Binance, the largest cryptocurrency exchange. Thorchain’s price increase can be attributed to the launch of its new decentralized exchange, ThorSwap V2. These price movements highlight the volatility of the cryptocurrency market.
