Dogecoin and Shiba Inu Prices Spike as Traders Bet on Potential X Integration

Popular meme tokens dogecoin (DOGE) and shiba inu (SHIB) jumped 9% as traders take riskier bets.

No clear catalysts for the price jumps, but they followed X revealing new video features.

Traders likely expect X to add DOGE as a payment option since CEO Elon Musk is a dogecoin fan.

Trading volumes for DOGE and SHIB spiked from Monday to Thursday.

Futures open interest also jumped over 50%, indicating larger bets and expected volatility.