Meme tokens Dogecoin and Shiba Inu experienced increases alongside the mention of promotional tactics as a collaboration between memes and on-chain content. It is this synergy that reveals meaningful elements of large-scale digital infrastructure. The unfiltered imagination unlocked in blockchain spaces is harnessed by the increasingly volatile cryptocurrency market. This phenomenon was significantly fueled by crypto strategist Jesse Pollak’s tweet highlighting the relation between memes and on-chain pieces of content.
The Tweet That Triggered a Rally: A Turning Point of On-Chain Engagement
April 20, 2025, will forever be ingrained in history as Jesse Pollak tweeted about the synergetic on-chain creative economy. As a meme token activity was already buzzing, Pollak’s tweet seemed to further amplify this fervor. Ratifying his words, within 24 hours, Dogecoin’s 12 percent price increase after it shot up from 0.78 to 0.87 was remarkable. Shiba Inu experienced the same sentiment and saw a 9% rise from 0.000028 to 0.000031 in the same period. Alongside the market enthusiasm, trading volume further reinforced the bullish sentiment; Dogecoin reached 1.2 billion while Shiba Inu hit 500 million.
Trading the Hype: Capitalizing on Creative Momentum
Pollak’s tweet alongside the increasing price of Dogecoin and Shiba Inu has immediate trading consequences. It allows sentiment-based traders an opportunity to buy and profit from the excitement. As an example, the DOGE/BTC trading pair went up by 10%, showing that Dogecoin was still being highly demanded even in exchange for Bitcoin. Furthermore, the SHIB/ETH pair also increased by 8%, demonstrating the creative on-chain buzz was being felt everywhere. The on-chain analysis also confirmed this action, with the active addresses on Dogecoin growing by 15% along with Shiba Inu transactions growing by 10%, all of this in relation to the posted tweet.
Abolished market models—indicators grouped to form a forecast of bullish sentiment
As with the prevailing bullish sentiment, the technical indicators for Dogecoin and Shiba Inu were fatally aligned. A Dogecoin RSI of 72 indicated overbought prices that could still support upward price movements. It is noteworthy that Shiba Inu’s RSI also came close to 68, marking an increase in buying interest too. Both tokens suffered a bullish MACD cross when the MACD lines crossed above the signal lines and reinforced the prevailing trend. The trading volumes remained high, reaching 1.3 billion dollars for Dogecoin and 550.26 million dollars for Shiba Inu, which means that the investors were still willing to participate in and fund these meme markets.
AI Factor: Enhancing Creativity On-Chain
The widespread availability of artificial intelligence is likely to further increase the importance of on-chain creative abundance. Meme and content generation platforms like DALL-E and Midjourney have already proven their ability to generate viral content. Such content can help stoke demand for tokens attached to corresponding platforms. For instance, AIContentCoin, the token of an AI content platform, surged 5% alongside a 20% increase in trading volume. This serves as an example of the relationship between AI advancements and crypto market sentiment. This relationship indicates that traders may want to follow AI-driven content-generation platforms and their tokens for potential trading, as the blend of AI and on-chain creativity stands poised to cause major market shifts.
