Exploring the European Crypto Market Surge: Analyzing the Role of Dogecoin and Shiba Inu
The European crypto market has experienced a surge that has caught the attention of investors and financial analysts worldwide. Among the coins that have contributed to this growth are Dogecoin and Shiba Inu, two cryptocurrency assets that have garnered a lot of attention in recent months. Dogecoin, the meme-inspired cryptocurrency, first gained popularity in 2013 but remained largely dormant until early 2021 when it was propelled into the spotlight by Elon Musk's tweets. Since then, the coin has experienced significant price fluctuations, reaching an all-time high of over $0.70 in May 2021. Similarly, Shiba Inu, a coin inspired by the Japanese dog breed, has seen a surge in popularity in recent months, largely due to its resemblance to Dogecoin and its meme- inspired marketing . Shiba Inu's market capitalization surged from around $0.000001 in January 2021 to over $13 billion in May 2021. The rise of these two coins can be attributed to several factors, including their ...