Dogecoin and Shiba Inu are showing signs of a bullish uptrend, potentially signaling the arrival of altcoin season.
Shiba Inu rebounded with a 5% surge in under 24 hours after a mild intraday price decline, indicating a slow recovery and a retest of previous support levels.
Dogecoin saw a 6.4% gain in 24 hours, breaking through $0.220 resistance levels, with significant whale accumulation of over 1 billion DOGE tokens in the last month.
Both memecoins are experiencing increased buying pressure, suggesting a possible price breakout soon.