Why Dogecoin and Shiba Inu Are Bouncing Back Today
After two days of dramatic sell-offs, the cryptocurrency market is seeing rebound momentum Sunday. Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are benefiting from the trend, with the tokens up roughly 3.8% and 7.3% over the previous 24-hour period, respectively, as of 4:30 p.m. ET today.
Dogecoin and Shiba Inu's respective tokens each suffered big sell-offs in Friday and Saturday's trading, but bearish momentum in the crypto space is now taking a breather. While each token is now recovering from recent pullbacks, the market's wavering appetite for risk suggests that both tokens could see more volatile pricing swings in the near future.
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Source Fool.com
