It’s been a crazy few days in the crypto market, with most coins experiencing significant price pumps.

Dogecoin (DOGE) and Shiba Inu (SHIB) are two coins that have seen double-digit price surges, capturing the interest of the investment community as a whole.

Meanwhile, meme coin sensation Wall Street Memes (WSM) continues to generate traction during its presale – and is now inching closer to the $10 million funding milestone.

DOGE & SHIB Rebound Signals Shift in Meme Coin Trader Sentiment

At the time of writing, the DOGE price is up 10% in the past three days, while SHIB has soared by 14% in the same period.

Both coins are experiencing significant rebounds following a sustained period of downward momentum, which came after the “meme coin mania” of April.

This is the first noteworthy price increase for DOGE since Elon Musk changed Twitter’s logo to Dogecoin’s, highlighting how consistent the bearish market sentiment has been.

Nevertheless, things appear to be looking bright for DOGE and SHIB, with both erasing the losses that had been sustained in the past three weeks.

Digging a little deeper, data from CoinMarketCap reveals that the daily Shiba Inu trading volume has hit $333 million – 168% higher than Tuesday’s figure.

Moreover, sentiment analysis from CoinGecko highlights that more than 78% of the community considers themselves bullish on Dogecoin’s prospects.

These metrics highlight the sudden uptick in interest for both coins – with investors now hopeful that the ongoing momentum can be prolonged.

Dogecoin & Shiba Inu Ride the Wave of Crypto Market Resurgence

The momentum behind Dogecoin and Shiba Inu has come at a time when the broader crypto market is seeing a sharp resurgence.

In recent weeks, the market has been beaten down by fears regarding regulatory oversight – which came to a head when the SEC sued Binance and Coinbase.

Naturally, this decision prompted widespread uncertainty throughout the investor base, leading to a massive sell-off.

However, things are now looking up – sparked by BlackR