Crypto Analysts Reject Latest DOGE, SHIB Rally as Contrarian Signal - CoinDesk


8/17/2022 12:00:00 AM2 years 8 months ago
by Omkar Godbole

Historically, meme token rallies have been predictors of market tops analogous to record-setting art auction prices in traditional finance. This time it may be different.

Meme coins are rallying again, outperforming bitcoin and ether. While historically that has portended a market-wide price crash, analysts say this time it's different. Dogecoin (DOGE), the biggest m… [+3964 chars]

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