The demand for Dogecoin (COIN) has hit the roof over the last few days. Shiba Inu (SHIB) has also been following the same trend. As of writing, Dogecoin price had increased 120% in the pasts 7 days, making it the most explosive coin this week in the top 15 cryptocurrencies.
On the other hand, Shiba Inu increased by 24% during the same period. This was an impressive price growth that saw investors from the two coins recoup most of the losses incurred in the previous weeks.
The reason why Dogecoin and Shiba Inu have done so well in the market is because of the recent acquisition of the Twitter company by Elon Musk. The fact that these coins have been associated with Elon Musk has been the reason why more investors have been accumulating them.
The crypto community is predicting that both Dogecoin (DOGE) and Shiba Inu (SHIB) might be integrated with Twitter as currencies of trade on this platform. This has been the reason why these coins have been doing pretty well in the market.
Crypto investors understand the impact that the Dogecoin (DOGE) integration into the Twitter network would have. The mass adoption of the coin would mean a massive explosion in DOGE price. That's why crypto investors are buying in speculation of this scenario.
The Dogecoin (DOGE) and Shiba Inu price explosions are expected to remain for a longer time. Looking at these coins' price performance today shows that they might do even better this week. As of writing, Dogecoin had increased 18% in the past 24 hours, while Shiba Inu had risen 2% during the same period.
As Elon Musk announces more updates about Twitter and probably hints at the use of crypto coins, then these coins stand a high chance of exploding.
Dogecoin and Shiba Inu are expected to remain bullish because of the speculations, but Bitgert (BRISE) and Centcex (CENX) are crypto projects that are surging because of the adoption of the projects. These crypto projects are building massive utilities, which is what attracts a lot of crypto investors.
Therefore, Bitgert (BRISE) and Centcex (CENX) are coins promising consistent growth in market value. These are not coins built on values but coins' that have their growth based on the mass adoption of their ecosystem. That's what makes Bitgert (BRISE) and Centcex (CENX) some of the best buys today.
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