Memecoins Dogecoin, Shiba Inu Jump as Ethereum Optimism Spreads

Memecoins Dogecoin, Shiba Inu Jump as Ethereum Optimism Spreads

Published August 15, 2022
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Jonathan Ferro drives you through the market moving events from around the world on Bloomberg’s The Open. 60 minutes featuring the brightest minds on Wall Street, taking you through the most important hour of the trading day.

Biotechnologies that have been developing in the wings are now being brought forward to potentially reverse the damage already done to the planet’s biodiversity. Meet the scientist behind de-extinction.

Dogecoin is up about 14% over the past five days, while Shiba Inu has gained almost 40%, according to pricing data compiled by Bloomberg. The meme tokens are holding their gains even as Bitcoin sits around $25,000 and Ether hovers at about $2,000 amid optimism around its upgrade, known as Merge, now expected around Sept. 15.