#MemecoinSentiment
Memecoins are a unique phenomenon in the crypto world, as they do not rely on strong technical projects or clear economic goals for their value. Instead, they grow significantly based on the overall mood of the community and trend waves. The price of these coins is directly affected by investor sentiments, especially through social media platforms like Twitter and Telegram, where a tweet from an influential figure or a humorous campaign can raise the coin's price by thousands of percentages within hours.