Will Memecoins Like $SHIB and $DOGE Make a Comeback...? Major memes in @Shibtoken and @dogecoin have been buoyed by renewed bullish momentum over the past week, with $DOGE and $SHIB up +7% and +6% respectively over the past week. With that said, both memecoins are far outpaced by gains made by other altcoins, such as $LDO which is now up +34% and $TIA which is up +31%. Alongside very muted flows to spot Dogecoin ETFs, recent price performance suggests that investors are not yet taking the memecoin sector seriously, with further price action required to restore confidence in the memecoin investor psyche.
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