Ah, Dogecoin and Shiba Inu, those darling jesters of the crypto court, have once again pirouetted upwards by a scandalous 10% or more! In just a single day, these meme coins decided to throw a gala, recovering lost grandeur like a socialite who’s misplaced her tiara but found it under the sofa. Investors, naturally, are positively aflutter. Let’s peer behind the stage curtain and marvel at the magician pulling strings on this financial trapeze.
Donald Trump Plays Nice – Or At Least Not Too Horrible – With China
Remember when the crypto crash of early 2025 came about because a certain former president went full gladiator, slapping tariffs around like confetti at a poorly planned fête? The US-China trade spat turned into a tariff frenzy, complete with retaliations that made the global economy resemble a theatrical brawl at an ill-advised garden party. Over 180 countries got an unsolicited invite to this tariff shindig, and markets behaved like scandalized debutantes.
But hold your monocles—come April, Trump announced a 90-day suspension on tariffs for everyone except China, ostensibly to “chat things over” like civilized adults (or so we’re told). More intriguingly, he hinted that the China tariffs wouldn’t remain the monstrous 145% behemoth; instead, they’d shrink considerably, though not vanish completely. “Not zero,” he coyly confided from the Oval Office, as if revealing the secret ingredient to his famous burger.
Markets reacted with the enthusiasm of a London club-goer spotting an open bar: Bitcoin shot from $84,000 to a dizzy $94,000 in a matter of mere hours, slapping a cool $100 billion onto its market cap—and the merry Dogecoin and Shiba Inu decided to snag some of that limelight too.
Dogecoin and Shiba Inu’s Encore: More Than Just Barking Up the Right Tree
Post-Trump’s tariff détente (or at least a ceasefire), these canine cryptos saw investors wagging their tails in delight. Dogecoin’s daily trading volume doubled overnight, crossing the exciting $2 billion mark, while its price pirouetted from a humble $0.17 to somewhere above $0.18, according to CoinMarketCap’s all-seeing eye.
Meanwhile, Shiba Inu strutted its stuff with an 88% surge in trading volume—$315 million in a day—which must surely have impressed even the snootiest of altcoins. Its price hopped up more than 10%, leaping from $0.00001288 to $0.0000189 faster than you can say “top dog.”
With two months remaining in this 90-day tariff lullaby, expect these mischievous mutts to keep fetching new highs and leading the meme coin soirée. After all, why settle for a quiet portfolio when you can have a dog show on Wall Street?
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2025-04-24 14:49