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Dogecoin and Shiba Inu Rally on Twitter’s $Cashtags and Shibarium Launch

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• Dogecoin and Shiba Inu have seen significant gains in the last 24 hours, with DOGE up 2.23% and SHIB up 15%.
• The gains are attributed to the recent addition of both coins to Twitter’s $Cashtags feature, as well as the anticipation surrounding the launch of Shibarium, a Layer 2 blockchain.
• Both coins remain formidable forces in the crypto sector, and are likely to continue to drive the meme coin rally.

The crypto market has seen a significant recovery over the last week, with many altcoins following suit. However, the meme coins have been performing particularly well, with Dogecoin and Shiba Inu leading the pack.

Dogecoin and Shiba Inu have been enjoying renewed interest following the recent announcement that Twitter had added them to its $Cashtags feature. This allows users of the social media platform to easily search for DOGE and SHIB, and to view their prices and charts. The news of this feature has seen both coins rally upwards, with Dogecoin recording a 2.23% increase in the last 24 hours and Shiba Inu realizing a 15% increase.

The gains are also attributed to the anticipation surrounding the launch of Shibarium, a Layer 2 blockchain. This new system is said to be more efficient than the traditional Blockchain, and it is hoped that its implementation will lead to even more gains for the meme coins.

It is clear that meme coins remain a formidable force in the crypto sector, and their recent gains are a testament to this. The combination of the news of their addition to Twitter’s $Cashtags feature, as well as the anticipation surrounding the launch of Shibarium, have ensured that the meme coin rally continues. It is likely that both Dogecoin and Shiba Inu will continue to drive the meme coin sector in the weeks and months to come.