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November 15, 2024

Dogecoin & Co. Take Over Social Media: Why Memecoin Frenzy Is Bad For Bitcoin

Data shows Dogecoin and other meme coins are receiving a significant amount of attention on social media, a sign that may not be ideal for Bitcoin. Top 6 Memecoins Have Seen Their Social Dominance Rocket Up Recently In a new post on X, the analytics firm Santiment has discussed about the trend in the Social Dominance for a few different subsections of the cryptocurrency sector.

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