Dogecoin is experiencing a sharp slowdown, marked by a drop in investor interest and a decrease in social media activity. This trend contrasts with the past euphoria surrounding this crypto that was born from a simple meme. According to data from Santiment, enthusiasm for DOGE has reached an all-time low, reflecting a gradual loss of market confidence. The drop in investor sentiment, combined with a significant reduction in online discussions, underscores a climate of wait-and-see where caution seems to be taking precedence over speculation. However, this weakening is not unanimous. Some observers see it as a typical market trough, conducive to a future recovery. In their eyes, this lull could represent a strategic buying opportunity for investors willing to bet on a possible rebound, provided that the overall market regains bullish momentum.
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