According to Decrypt, the price of Shiba Inu (SHIB) surged to an eight-month high of $0.00002969 on Saturday, before slightly retreating to $0.00002897, with a daily increase of over 12%. This is the largest increase among the top 50 cryptocurrencies by market capitalization.

In contrast, Dogecoin (DOGE) rose 3% on the day, with a price exceeding $0.43, nearing a one-week high. DOGE has increased by 164% in the past month. Other dog-themed meme coins like Bonk (BONK) and Dogwifhat (WIF) saw increases of only about 1%, while Floki (FLOKI) rose nearly 6%.