Dogecoin (DOGE) and Shiba Inu (SHIB) Are Gaining Momentum as Bitcoin (BTC) Surges Past $90,000

Dogecoin DOGE/USD and Shiba Inu SHIB/USD are gaining momentum as Bitcoin BTC/USD surges past $90,000, fueled by the highest ETF inflows seen since January 2025. This resurgence is reigniting bullish sentiment across the meme coin space.

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) prices are heating up as Bitcoin (CRYPTO: BTC) price trades above $90,000 following the highest weekly ETF inflows since January 2025.

This new all-time high (ATH) could be setting the stage for another round of serious bullish moves.

What Happened: Crypto chart analyst Ali Martinez says Dogecoin is testing the $0.17 support level, which is an interesting zone to watch.

If the cryptocurrency breaks down from here, it could continue lower toward the $0.06 zone. But if it manages to hold and rebound, it will be setting the stage for another leg higher in price.

"Dogecoin ($DOGE) needs to reclaim $0.17 as support! Failing to do so could open the door to a drop toward $0.06. "

Another crypto trader, Javon Marks, is highlighting a bullish setup for Dogecoin.

He says DOGE has been trading in higher lows and is now breaking out of a pattern, with his previous target of $0.6533 still in mind.

This breakout could lead to a 279% rally from here, taking Dogecoin as high as $1.25.

For Shiba Inu, Martinez says the TD Sequential is showing a buy signal on the weekly chart, which could indicate that a major rebound is coming for the cryptocurrency.

"Shiba Inu ($SHIB) may be gearing up for a major rebound, with the TD Sequential flashing a buy signal on the weekly chart!"

Shiba Inu Chart: Benzinga Pro

Shibainumscan data shows daily transactions on Shibarium increased from 4.38 million to 4.61 million in a 24-hour period.

Recently, there has been a significant surge in large transaction volume, with IntoTheBlock showing an increase of 359.83%.

Within a single day, transactions greater than $100,000 shot up from 27 to 84.

Shibainumscan data also highlights a 3.3% rise in daily active addresses.

Last Month: Dogecoin wallets holding 100 million to 1 billion DOGE are up to 99 to 106 in number over the past month, according to Bitinfocharts.

Knowledgeable Tip: Shibarium is an Ethereum (CRYPTO: ETH) Layer-2, so it will automatically reap the benefits of any performance gains from the new virtual machine. This presents a major long-term tailwind for SHIB and other Layer-2 ecosystems.