<ul><li>The on-chain analytics firm Santiment has revealed the potential reason behind the corrections that Dogecoin and Apecoin have faced recently.</li><li>Santiment's indicator, Positive Sentiment vs. Negative Sentiment Ratio, showed a spike in positive comments on social media for Dogecoin and other memecoins.</li><li>These spikes coincided with tops in DOGE and APE prices, suggesting excessive hype and the Fear Of Missing Out (FOMO) as the reason for the corrections.</li><li>The Positive Sentiment vs. Negative Sentiment Ratio will be important to watch as cooldowns in its value could restart bullish momentum for these coins.</li></ul>

Analytics Firm Reveals Why Dogecoin & Apecoin Hit Tops

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