Meme coins, including Dogecoin (DOGE), Shiba Inu (SHIB), and PEPE, are experiencing a price recovery, leading to speculation about the broader market. Over the past 24 hours, DOGE, SHIB, and PEPE have seen price increases of 1.25%, 1.01%, and 2.19% respectively. Dogecoin rose from a low of $0.3179 to surpass the critical resistance level of $0.328, currently trading at $0.3313. Shiba Inu rebounded from $0.00001785 with the help of increased burning mechanisms, reaching $0.00001861. PEPE also rallied by 2.49% to $0.00001288. Analysts believe there may be a correlation between the resurgence of these meme coins and the rally of Bitcoin, and investors hope for continued upward momentum.



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