#MemecoinSentiment Memecoins are cryptocurrencies created from memes or internet culture, such as Dogecoin or Shiba Inu. The sentiment around them is highly volatile and driven mainly by trends on social media, celebrity influence, and community. Unlike projects with technical fundamentals or clear utility, memecoins often appreciate based on humor or viral effect.

Although many investors enter seeking quick profits, there are also significant risks, including lack of real utility, low liquidity, and market manipulation. The enthusiasm around them often arises in cycles, especially during bull markets.