#MemecoinSentiment Meme coins, a unique phenomenon in the cryptocurrency market, experience price swings closely tied to market sentiment. Recently, meme coin sentiment has been highly volatile, driven by social media hype and speculative trading. For instance, coins like Dogecoin and Shiba Inu often surge due to celebrity endorsements or viral memes, only to plummet as the hype fades or profit-taking occurs. In early 2025, one meme coin skyrocketed 15% within 24 hours after a viral social media post, with trading volume spiking to $1.2 billion, reflecting strong bullish sentiment. However, lacking intrinsic value, meme coins are prone to manipulation and “pump-and-dump” schemes. Investors should approach their high volatility and uncertainty cautiously, carefully assessing community momentum and market trends.