**DOGE and DEGEN In a Tight Race: Who Will Win?**
- Short-term traders play a significant role in the dynamics of meme coins, especially those driven by hype and market sentiment. 🐶
- DOGE, the king of meme coins, managed to attract 110,000 short-term traders in the past seven days, according to Intotheblock. DOGE price is trying to break through the $0.109 resistance level.
- Crypto analyst Ali Martinez noted an interesting historical pattern in DOGE price action, which could be a sign of a major bull run.
- DEGEN, a new contender, is also attracting attention with 23,000 short-term traders, almost on par with Shiba Inu (SHIB), despite its market cap being only 10% of SHIB.
- Other meme coins like Coq Inu (COQ), Turbo (TURBO), Mog Coin (MOG), and MAGA (TRUMP) have seen a decline in trader activity.
What do you think about the DOGE and DEGEN rivalry? Comment below!