#MemecoinSentiment The memecoin market has always been a unique phenomenon in the crypto world. They do not have a deep technological foundation like Bitcoin or Ethereum, yet their strength lies in the community and investor sentiment. It is emotions, humor, trends on social media, and support from famous personalities like Elon Musk that shape the demand for tokens such as Dogecoin or Shiba Inu.
Sentiment — that is, the market mood — plays a crucial role. One tweet can trigger a wave of purchases or mass selling. It is important for traders to monitor social media, the volume of discussions, and trends to not only speculate but also to exit the market in a timely manner.
Memecoin strategies are not about fundamentals, but about emotions, speed of reaction, and understanding the community.