Dogecoin and Shiba Inu lag market as memecoins continue to lose ground to bitcoin

Dogecoin and Shiba Inu, two popular memecoins that gained significant attention and popularity in the cryptocurrency market, are currently underperforming compared to other digital currencies. As the overall market dynamics shift, these once-thriving memecoins are increasingly losing traction and experiencing a decline in value and investor interest. Meanwhile, Bitcoin, the leading cryptocurrency, continues to strengthen its position and recover from previous downturns, solidifying its dominance in the crypto landscape. As a result, investors are gravitating more towards Bitcoin, causing Dogecoin and Shiba Inu to lag behind in this competitive market environment. source: https://www.coindesk.com/markets/2025/12/18/dogecoin-and-shiba-inu-lag-market-as-memecoins-continue-to-lose-ground-to-bitcoin