#MemecoinSentiment
The sentiment for meme coins currently shows that most meme coin projects fail to reach their funding targets. According to data from Outset PR, the median funding target is $7.49 million, while the median amount raised is only $18,000. Only about 3% of projects manage to raise more than 10% of their targets. Interestingly, meme coin funding often leads market sentiment rather than following it. Data shows that funding volume increases before market sentiment changes, indicating that capital moves first before sentiment follows ¹.