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The Dogecoin and Shiba Inu prices Have seen great price increases in recent days. In one day alone, both meme coins saw their values shoot up by more than 10%, so that they were on their way to restoring their lost profits of the last few months. As this increases the investors, let’s look behind the curtain and see what it is that this price repair has stimulated.
Donald Trump to easily go on China
The cryptomarkton accidents that started in January 2025 were encouraged by the tariff wars of US President Donald Trump with other countries, mainly China, who apparently came out of nowhere. Because the president had placed rates on China, the country was taken revenge with its own rates on the US, causing a total rate war. Moreover, more than 180 countries were hit by Trump’s rates, which sent the market in disorder.
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At the beginning of April, however, Trump announced that he would suspend the rates for all other countries for 90 days, with the exception of China. This is to give time for negotiations when other countries come to the table. However, it seems that the president also looks favorably at China with the last announcement.
Earlier this week Donald Trump said in one interview In the Oval Office, the rates on China are not expected to be high. To put this in context, the US currently has 145% rates for China, and both countries are expected to be in negotiations. According to the US President: “It will not be near so high anywhere. It will come down considerably, but it will not be zero.”
As soon as this news had come true, the market responded very positively. First, the Bitcoin price went from $ 84,000 to $ 94,000, with more than $ 100 billion in its market capitalization within a few hours. This rally rubbed by nature Dogecoin and Shiba InuSending their prices that fluctuate in the same time frame.
Dogecoin and Shiba Inu prices respond
In the aftermath of the Trump announcement, Dogecoin and Shiba Inu saw a significant increase in interest in crypto investors. For Dogecoin, the daily trade volume bounced on Wednesday more than 100% to cross $ 2 billion. Are Price then rose from under $ 0.17 to more than $ 0.18 Within a few hours, according to facts Van Coinmarketcap.
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In the same spirit, the Shiba inu trading volume for Wednesday rose by 88% to cross $ 315 million, one of the highest daily trade volumes so far for the month of April. Just like Dogecoin, the Shiba Inu price rose by more than 10% to go from its daily low from $ 0.00001288 to $ 0.0000189.
With two more months to be dealt with in Trump’s 90-day freezer window, the prices of cryptocurrencies will continue to rise across the board. Of course, Dogecoin and Shiba Inu are expected to lead the Meme Coin Rally as the two largest cryptocurrencies in this category.
Graph of TradingView.com
