Dogecoin's price surge leads to increased trader activity and gains in Shiba Inu and Floki.

Dogecoin's price surges to its highest monthly level, sparking increased trader activity and gains in Shiba Inu and Floki. Dogecoin's price breakout has served as a catalyst for other cryptocurrencies to follow suit, with Floki (FLOKI) increasing 37% and Shiba Inu (SHIB) rising 3.89%. Large investors, or "whales," have also been accumulating DOGE, further fueling bullish sentiment.