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Benzinga
Benzinga
Business
Melanie Schaffer

Shiba Inu Follows Dogecoin Into Consolidation: Is The Crypto Getting Ready To Surge Higher?

Shiba Inu (CRYPTO: SHIB) was spiking up over 10% higher at one point during Monday’s 24-hour trading session, in tandem with Dogecoin (CRYPTO: DOGE), which reached 11.72% over Sunday’s 24-hour closing price.

The two Shiba Inu-based cryptocurrencies have been trading mostly in unison since Oct. 25, when Dogecoin started to surge higher following news Tesla CEO Elon Musk had told bankers he planned to close his acquisition of the now private social media company Twitter.

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