#MemecoinSentiment

Current market sentiment around meme coins is a mix of excitement and caution. Despite bearish technical signals for legacy tokens like MEME—with forecasts pointing to a potential drop of around 25% and a current Fear & Greed Index in the "Extreme Greed" zone (~79) —the broader meme coin sector is showing renewed vigor. A sector-wide surge of about 16% has driven meme market cap to ~$73 billion, led by Solana-based tokens like BONK, PEPE, and emerging names like SPX6900, which is viewed as a sentiment benchmark thanks to whale accumulation and price structure strength . At the same time, analysts remain wary: studies suggest predictive models reflect a 74% accuracy rate in sentiment-based price forecasting, underlining the speculative nature of these assets . Whether this is the start of a lasting “meme supercycle” or just a peak-driven bubble, sentiment is clearly heating up.