Why Dogecoin and Shiba Inu Are Bouncing Back Today

Why Dogecoin and Shiba Inu Are Bouncing Back Today

After two days of dramatic sell-offs, the cryptocurrency market is seeing rebound momentum Sunday. Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are benefiting from the trend, with the tokens up roughly 3.8% and 7.3% over the previous 24-hour period, respectively, as of 4:30 p.m. ET today. Dogecoin and Shiba Inu's respective tokens each suffered big sell-offs in Friday and Saturday's trading, but bearish momentum in the crypto space is now taking a breather.