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Why Dogecoin and Shiba Inu Are Rocketing, but Bitcoin Just Inched Up

TheMotleyFool

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Why Dogecoin and Shiba Inu Are Rocketing, but Bitcoin Just Inched Up

Is a new guard replacing the old in cryptocurrencies? In early Thursday morning trading, as of 9:45 a.m. EDT, the price of Dogecoin (CRYPTO: DOGE) is surging 29% and Shiba Inu (CRYPTO: SHIB) is up 27%. Bitcoin (CRYPTO: BTC) on the other hand -- the granddaddy of cryptocurrencies -- is up a much more modest 4.1%.

What's up with that?

Image source: Getty Images.

Source Fool.com

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