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Why Dogecoin, Shiba Inu, and Pepe Are Soaring Today


It appears reports of the death of meme tokens have been greatly exaggerated.

Three of the most popular meme tokens in the market are rocketing higher today. Dogecoin (CRYPTO: DOGE), Shiba Inu (CRYPTO: SHIB), and Pepe (CRYPTO: PEPE) are each up big. As of 12:45 p.m. ET, these three tokens have rocketed 25.7%, 47.5%, and 35%, respectively, over the past 24 hours.

These moves are absolutely incredible, and invite investors to think back to the previous hype-driven crypto rallies. For those who forgot what it was like to be in the midst of a market that could do no wrong in 2021, that elusive feeling is back, and the fear-of-missing-out (FOMO) rallies are once again underway.

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Source Fool.com

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