Dogecoin vs Shiba Inu: Which meme is winning in the current market?

Shiba Inu’s performance on the social front remains better than that of Dogecoin, even as both meme coins register promising price upticks.has remained the leader in the meme coin ecosystem for years now. Despite that being the case, during the latest bull rally, DOGE fell behind

However, it was interesting to note that both meme coins were able to capitalize on the bull market, as they managed to lift their values substantially over the last few days.Crypto Dep, a popular X handle, recently posted a tweet highlighting the social performance of the top meme coins. NotablyAs per the tweet, while DOGE’s social engagement was at 35.1 million, SHIB’s metric touched 56 million. Moreover, SHIB and DOGE’s social mentions were 3.12k and 1.35k, respectively.

However, despite high social engagement, the bearish sentiments of both tokens increased by more than 50% at the time of writing, as perEven as the bearish sentiments of both meme coins increased, their charts remained in the green.tradingA look at DOGE’s daily chart suggested that the uptrend might soon come to an end. The token’s price touched the Bollinger Bands’ upper limit at press time.

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