Dogecoin and Shiba Inu rally after market crash

Core Insights - The crypto market experienced significant volatility following U.S. President Donald Trump's announcement of a 100% tariff on China, leading to a flash crash on October 11 that wiped billions from major tokens [1] - Memecoins Dogecoin (DOGE) and Shiba Inu (SHIB) showed notable recovery two days later, indicating resilience in the market [1] Dogecoin (DOGE) - DOGE saw a nearly 50% drop to $0.11 during the selloff but rebounded to around $0.21 by October 13, marking an increase of over 12% in 24 hours [2] - The rebound was supported by whale accumulation, although concerns remain regarding its inflationary supply model [3] - Analysts noted a strong long-term trendline for DOGE, with a recommendation to buy at $0.19, but technical indicators suggested slowing momentum [4] - The House of Doge, the corporate arm of Dogecoin Foundation, announced plans to go public on NASDAQ with Brag House Holdings, Inc. [5] Shiba Inu (SHIB) - SHIB rebounded from a low of approximately $0.0000085 to $0.0000109, recovering nearly 10% with trading volume increasing by over 39% [6] - Burn activity surged by over 8,000% in a 24-hour period, reducing circulating supply [6] - The development of Shibarium, SHIB's Layer-2 network, is seen as a catalyst for its growth beyond meme status [6] - A recent incident where Shiba Inu developers refunded $4 million to users after a hack helped restore trust within the community [7]