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Here’s Why The Dogecoin And Shiba Inu Prices Have Been On A Recovery Trend

  • Dogecoin and Shiba Inu prices have been on a recovery trend following significant declines in February.
  • The recovery is influenced by macro factors such as weak US job data, which may lead to easing of quantitative tightening policies.
  • The recent executive order on Strategic Bitcoin Reserve and Digital Asset Stockpile adds legitimacy to meme coins and encourages their adoption.
  • Further boost to adoption is expected as US banks can now engage in crypto custody activities.

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