The meme coins Dogecoin and Shiba Inu are recovering as social noise decreases
The cryptocurrency market started the week on a positive note, as the main meme coins, including Dogecoin (DOGE) and Shiba Inu (SHIB), attempted to regain strength after a slow and bearish weekend.
However, additional gains have generally been moderate, with Bitcoin remaining below 110,000$ for most of Monday's trading. Dogecoin and Shiba Inu highlight a broader sideways trade as market dynamics adjust amid potential profit-taking.