As of #迷因币情绪 , the current meme coin market sentiment shows polarization, with both fervent speculation and community-driven short-term bursts, while also facing regulatory pressure and long-term concerns about bubble risks.

Short-term speculation frenzy:

Recently, meme coins on the Solana chain (such as BONK, WIF) have become the focus of funds due to their low fees and high speed advantages. Some projects, like BTCBULL, surged by 300% upon listing, driven by pre-sale mechanisms and community marketing that fueled 'FOMO sentiment.' New narratives (such as zoo-themed MOODENG and Elon Musk concept TERMINUS) attract traffic through the interaction of Web2 and Web3, with short-term increases reaching hundreds of times.

Political and regulatory variables:

The U.S. election has become a key factor, with some opinions suggesting that if Trump wins, the Republican Party's relaxed crypto policies might weaken the 'regulatory arbitrage' nature of meme coins, leading funds to shift towards utility tokens; however, opponents argue that meme coin buyers 'simply do not care about politics,' as their demand stems from global liquidity easing and a speculative culture.

Risks and increasing differentiation:

On July 13, the total market cap of meme coins plummeted 20% in a single day, with leading tokens like TRUMP shrinking 75% from historical highs, indicating that sentiment can easily reverse under high volatility. Analysts warn that most meme coins lack intrinsic value, relying on community enthusiasm, and their lifecycle may only last a few weeks, necessitating caution against 'pump and dump' schemes and liquidity traps.

Summary: The essence of meme coin sentiment is a game of market liquidity, community consensus, and regulatory expectations. While short-term opportunities for massive profits still exist, long-term attention must be paid to the sustainability of narratives and shifts in macro policies.