Dogecoin And Shiba Inu Social Dominance At 5-Month High — Can FOMO Stall Price Growth?

Dogecoin And Shiba Inu Social Dominance At 5-Month High — Can FOMO Stall Price Growth?
Over the past week, blue-chip assets like Bitcoin (BTC) and Ethereum (ETH), have been major topics of discussion in the cryptocurrency space — and rightfully so — after a strong positive performance week. Meme coins such as Dogecoin (DOGE) and Shiba Inu (SHIB) have also enjoyed a fair share of the attention in the last seven days. According to the latest on-chain data, these asset classes have been topping the social charts in the past few days, with the majority of the crypto crowd talking about them, especially after price rallies. Here’s how the rising social sentiment can impact the prices of Dogecoin and Shiba Inu. Will FOMO Sustain The Meme Coin Rally? In a recent post on the X platform, Santiment shared that large-cap meme tokens have been drawing a great deal of social media attention in the past few days. According to the blockchain analytics firm, top meme coins like Dogecoin and Shiba Inu are seeing their most crowd discussion since May. Related Reading: Aave Address Count On Optimism Rapidly Growing, Will Price Rise To New ..

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