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Benzinga
Benzinga
Business
Khyathi Dalal

Dogecoin Up 14%, Shiba Inu Up 8%—Why Are Meme Coins Suddenly Pumping?

Dogecoin,Golden,Cryptocurrency,And,Blue,Graph,Background,With,Quote,Data

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) have climbed 14% and 8%, respectively over the past week.

Increasing burn rates and growing real-world use cases have market participants predict further upside.

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