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DOGE ’extremely quiet’ social chatter could be an opportunity: Analyst

DOGE ’extremely quiet’ social chatter could be an opportunity: Analyst

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Source: Coin Telegraph

Dogecoin crowd sentiment is at a low point, which could point to a buying opportunity before the crypto market starts moving higher again, according to Santiment.

A decline in social media posts and overall sentiment around Dogecoin could signal a buying opportunity for traders, according to crypto analysis firm Santiment.

“Crowd sentiment has been near its lowest point over the past year,” Santiment said in a Jan. 9 report.

The analysis firm gave Dogecoin (DOGE) a “bearish” crowd sentiment rating of 1 out of 5, which is significantly lower than the 4 out of 5 ratings for XRP (XRP) and Solana (SOL).

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Author: Ciaran Lyons