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Memecoin Pump Sets To Propel Shiba Inu And Rocketize On An Upward Trend

Memecoin Pump Sets To Propel Shiba Inu And Rocketize On An Upward Trend

Shortly after Elon musk acquired Twitter, the memecoin narrative took a positive turn, with Dogecoin (DOGE) surging to over 10% high. The billionaire's relationship with Dogecoin over the years has been positive for the cryptocurrency, and this occurrence further confirms that. While this price pump could be likened to a win for the crypto market, the meme coin market is more likely to benefit from it. 

Shiba Inu (SHIB), the closest to Dogecoin, stands next in line to witness a pump after Doge. The DeFi meme coin has been known to mirror Dogecoin over the years. Both cryptocurrencies were the first to exhibit a price pump shortly after Elon musk acquired Twitter. Shiba Inu is up 28.2%, while Dogecoin is up 13%. A price pump at this time is a positive occurrence for the meme coin, and there is no doubt that others are bound to follow. 

Another meme coin that stands a better chance of benefiting from this is Rocketize (JATO), a new meme coin launching on the Binance Smart Chain. Rocketize is currently on presale, and the current price pump is good motivation for more investors to buy the token for guaranteed profits. 

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