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

  • Social media attention has shifted towards meme-based tokens like Dogecoin, away from major assets like Bitcoin.
  • Analytics firm Santiment discussed the change in Social Dominance, indicating a spike in discussion around Memecoin Top 6.
  • Layer 1 and Layer 2 top assets have seen decreased social media interest while Memecoin Top 6 has gained traction.
  • Rise in social media attention towards meme-based tokens amid stall in recovery rally for major coins may signal greed in the market.

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