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This week has seen a significant surge in meme coin talks, according to Santiment. This increase in social dominance is also mirrored in their prices, with Dogecoin up roughly 30% weekly and Shiba Inu up 8% in the same span.Elsewhere in the crypto market, a different narrative is observed. According to Santiment, the focus on meme coins has led to a noticeable decline in attention toward Layer 2 solutions like Arbitrum and Optimism , which are currently being overlooked.
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