An analysis by Santiment, an on-chain analytics platform, has revealed the current sentiment in the Dogecoin (DOGE) and Shiba Inu (SHIB) ecosystems.
The analysis indicated a bearish outlook among Shiba Inu investors.
Meanwhile, Dogecoin traders are currently undecided about the coin's future trajectory.
Insights into potential rebounds for these meme coins were also discussed, suggesting that a rebound could be imminent.
