Meme Sector's 'Better Off' Future Hinges on DOGE and SHIB Traction

The meme sector is facing criticism for neglecting some of its most prominent assets. According to an analyst, this oversight could ultimately make the entire sector 'better off' when the biggest names gain traction.

The analyst in question is a vocal advocate for the so-called 'meme OGs', whose launch helped fuel a broader frenzy for similar joke-based coins.

Specifically, they argue that the market wants Dogecoin (DOGE) and Shiba Inu (SHIB) to fail, not realizing the potential spillover effects they could create for other projects.

However, SHIB and PEPE have been holding up relatively well lately, outperforming the broader market, which shed 4.61% of its market capitalization over the past month.