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Bitcoinist
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Why Did The Dogecoin And Shiba Inu Price Rise So Much?
- Dogecoin (DOGE) and Shiba Inu (SHIB) prices have surged due to bullish macro events and increased demand.
- The US Federal Reserve's interest rate cut has provided bullish momentum for risk assets, including meme coins.
- The Bank of Japan keeping rates unchanged has also contributed to the price surge.
- Onchain data shows increased trading activity and investor interest in both Dogecoin and Shiba Inu.
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