Dogecoin [DOGE] sharks and whales need to read this before cutting any losses
exhibited towards DOGE was far from spectacular. In fact, it was at its lowest point since 12 January.
With this sentiment in play, it suggested that the crypto community shared a relatively pessimist view of the coin.This condition could be interpreted as a contrast to the speculation about the bull market being back. This was because the last bull run in 2021 saw memes including DOGE, andenjoy an aura of positive investor perception in the lead-up to their All-Time Highs .
At press time, the social dominance was 2.828%— an increase from the dump on 27 January. Social dominance weighs the position of an asset regarding conversations around it and hype.
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