Was Week 14th 2022 Paw-some for Shiba Inu, Dogecoin, & Dogelon Mars? Let's dive in!

Remember Week 14 of 2022? For meme coin enthusiasts, it was a week to remember! Capital in the crypto markets was shifting to meme coins as a new week kicked off, and all eyes were on Shiba Inu, Dogecoin, and even Dogelon Mars. The question is, how paw-some was it really for these canine-themed cryptos?

The Ethereum-based dog-themed crypto asset Shiba Inu soared 40% in the last 24 hours alone! But that wasn't the whole story. Per Santiment, the social volume metric for Dogecoin, Shiba Inu, and Dogelon Mars has been taking turns peaking, re-highlighting market participants’ shifting focus. This pointed to renewed interest and speculation in the meme coin sector.

Shiba Inu's parabolic 206% weekly run sustained a significant $17,228,783,888 global market capitalization for SHIB. That's a lot of kibble! Meanwhile, Dogecoin's 102% weekly bull rally certainly turned heads, proving that the original meme coin still had bite.

The week's success wasn't limited to just SHIB and DOGE. While not seeing gains quite as dramatic, Dogelon Mars also benefited from the overall meme coin surge, riding the wave of increased attention and capital flowing into the sector.

In summary, Shiba Inu and Dogecoin led seven-day returns as Bitcoin and other major cryptocurrencies broke above resistance levels and stabilized over the weekend. While Dogelon Mars didn't reach the same heights, the overall sentiment and renewed interest in meme coins created a positive, albeit potentially volatile, environment.

So, was week 14th, 2022, paw-some? For Shiba Inu and Dogecoin, absolutely! For Dogelon Mars, it was a hopeful sign of renewed interest in the meme coin market.