The meme coin market, especially those that use the dog logo as their default logo, seems to have begun to stimulate the trading market in mid-January this year. Some of them have made investors in each community start to feel the benefits, even though the income has not been that great. On the other hand, other investors may only be patient waiting for their time to arrive to feel the same way.
For the Dogecoin community, it might silence Shibainu supporters for a moment. Whereas the initial originator of the Dogecoin meme coin began to give a positive response following the market trend which was slowly improving. Meanwhile, Shibainu is still not moving for now even though the market is experiencing positive conditions.

Image by Sergei Tokmakov, Esq. https://Terms.Law from Pixabay 

On the other hand, Bonk and Bone from a different blockchain side also provide a positive trend for each community.

Indeed, what is currently in the spotlight is meme coins from Shobainu who are waiting for their layer 2 to appear in their ecosystem so that all transactions that occur on their blockchain will be better in the future and provide low fees.

Image by Satheesh Sankaran from Pixabay 

Will it be before the end of January that Shibainu as one of the big communities they have can also feel the positive trend that is happening? No one knows, because crypto market conditions are easy to analyze but difficult to predict with certainty about their movements over time.

However, at least looking at the condition of the market trend which is moving towards a good trend plus the weakening dollar price against other currencies provides a reference that investment in crypto and stocks is strengthening based on the current market conditions.

At least the meme coin market is quite tempting for most people where prices are still relatively very affordable so that they can provide big profits when bullish occurs later. And this is a factor in the strength of the meme coin market in the midst of competition between other crypto markets which may be relatively difficult to reach for some small investors, especially to be able to feel big profits when the market swells again later.

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