#MemecoinSentiment
Memecoin sentiment is a mix of hype and caution. The Pump.fun ICO sold out in 12 minutes, raising over $500M, with futures jumping 30% above launch—but critics warned of insider games and pump-and-dump risks. The memecoin market surged 16% in 24 hours, now topping $73B, partly thanks to Grayscale adding BONK. Still, scandals like Trump’s $TRUMP coin and Argentina’s $LIBRA spark fears of scams and political drama. Researchers say social media hype plays a huge role, with sentiment models predicting price swings with 74% accuracy. Overall, the space is buzzing with excitement—but many are watching their steps.