Dogecoin (DOGE) and Shiba Inu (SHIB) make Robinhood’s top 5 highest-gaining assets list for the second week, with DOGE topping the list for the second week in a row.
The bulls have engineered a fierce comeback against the bears, with the majority of crypto assets rallying to promising highs.
In the midst of this newfound strength, DOGE and SHIB have shown some resistance to the bears, as they remain in the top five highest-gaining assets on Robinhood’s list for the second week in a row, with DOGE remaining number one.
Robinhood revealed the information while revealing its weekly cryptocurrency update on Twitter, sharing a dashboard containing the market’s biggest movers in the previous week.
According to Robinhood data, DOGE gained 58.9% this week, maintaining its top position. SHIB is in fifth place, up 15.8% in the last week.
Both assets’ unwavering strength indicates renewed investor interest as the market moves into more favorable territory.
DOGE has benefited most from the bullish sentiment sparked by billionaire Elon Musk’s hints of a possible integration with Twitter.
The meme coin’s rally accelerated immediately after Musk’s Twitter takeover, and despite numerous rejections along the way, DOGE has retained the majority of its gains.
Dogecoin’s rally, which began on October 25, propelled the asset to the top of Robinhood’s top-gaining assets in seven days, with a gain of more than 40% as of October 29, according to The Crypto Basic.
Due to the increased demand pumped into the markets, DOGE and SHIB have maintained their positions on the Robinhood list of highest-gaining crypto assets.
SHIB has gained 2.23% in the last 24 hours, trading at $0.00001293. DOGE is currently trading at $0.13, up 6% in the last 24 hours.