Crypto Traders Warn of Unsustainable Rise in Dog-Themed Tokens, Predict DOGE Explosion and Top Altcoins to Watch.

Tokens based on the Shiba Inu dog breed, such as shiba inu (SHIB), floki (FLOKI), kishu inu (KISHU), and baby dogecoin (BABYDOGE), have seen a surge in prices after Twitter replaced its logo with Dogecoin's Shiba Inu mascot. However, some crypto traders warn that such rises are unsustainable and not indicative of a long-term bull run. While there could still be long-term growth for these tokens if fundamental features strengthen, such as the launch of Shibarium and the growing recognition of Dogecoin by Twitter and the payment world, the sentiment for memecoins is not new and the growth may fade off in a few days.