Dogecoin & Other Memecoins See Spike In Social Media Attention—Sign Of Greed?

Data shows users on the major social media platforms have continuously been losing interest in Dogecoin and other memecoins recently. Top 6 Memecoins Have Seen Their Social Dominance Trend Down Recently In a new post on X, the analytics firm Santiment has discussed about how social media attention has recently shifted for the various cryptocurrency market segments. The indicator of relevance here is the “Social Dominance,” which is based on another metric known as the Social Volume. The “Social Volume” tells us about the amount of discussion that a given topic or....

Data shows social media users are currently not paying much attention to memecoins like Dogecoin (DOGE) as compared to Bitcoin (BTC) and other top caps. Bitcoin & Other Layer 1 Top Caps Getting All The Investor Focus Right Now According to data from the analytics firm Santiment, social media users are showing increased focus on the top layer 1 assets as compared to memecoin and other sectors. The indicator of relevance here is the “Social Dominance,” which is based on another metric called the Social Volume. The Social Volume basically tells us about the amount of discussion....

Here’s how the various memecoins in the market, like Dogecoin and Shiba, compare against each other in terms of the on-chain indicators. Dogecoin, Shiba Inu, And Other Memecoins Stacked Against Each Other In a new post on X, the market intelligence platform IntoTheBlock shared an infographic that looks into the underlying metrics of the different […]

Data shows the Bitcoin Fear & Greed Index is close to the neutral territory again, a sign that market sentiment has seen a cooldown. Bitcoin Fear & Greed Index Is Now Close To Edge Of Greed Territory The “Fear & Greed Index” is an indicator created by Alternative that tells us about the sentiment held by the average trader in the Bitcoin and wider cryptocurrency markets. Related Reading: Old Bitcoin Whales Resurface With $760M Move—Brace For Impact? The index determines the market mentality using the data of five factors: trading volume, market cap dominance, social media....

The memecoins Shiba Inu and Dogecoin are both looking to end the month in green, but SHIB’s gains have been significantly higher than DOGE’s so far. Shiba Inu Looking To End July With 18% Profits While Dogecoin Observes 2% Uplift After going through months of downtrend, holders of the two largest memecoins in the market […]