#MemecoinSentiment

In the last seven days, the segment of meme cryptocurrencies witnessed an impressive upsurge. The largest meme coins printed double-digit gains on surging trading volume. At the same time, Santiment, the leading cryptocurrency analytics team, issues a warning.

Meme cryptos complete fantastic week: M, PEPE, PENGU in focus

In the last 24 hours, the net capitalization of the cryptocurrency market is bleeding. While the total crypto cap is down by 3.3%, some major meme cryptocurrencies are posting decent overnight gains. Pudgy Penguins (PENGU), an NFT-linked meme coin, is up by 5.4%.CoinGecko">

Pudgy Penguins' (PENGU) capitalization just exceeded $1 billion. The PENGU price sits at $0.02214. In the last seven days, its price added 40%.