Social sentiment supports growth in dogecoin as AI Agent tokens rebounded on Friday.
Dogecoin has experienced a significant drop in market cap, slipping 28% since the beginning of the year.Despite this, there are signs of renewed interest from large investors, with increased whale activity and a historical tendency for strong January performance.
“Crypto's top meme coin Dogecoin has been extremely quiet outside of a temporary run-up at the beginning of the year,” analytics firm Santiment wrote in a“Since its top exactly one month ago, Dogecoin has shed -28% of its market cap. Crowd sentiment has been near its lowest point over the past year.
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