#MemecoinSentiment

Meme coins are cryptocurrencies that became popular due to a joke or meme image on the internet, like DogeCoin and Shiba Inu. They started as a joke but began to move at huge prices when celebrities like Elon Musk talk about them. There is no technical project behind them like Bitcoin and Ethereum, but they rely on trends and social media. People buy them for the potential of quick profits, but they are extremely risky and the price can fluctuate in seconds. Right now, there are a lot of meme coins in the market, and most of them rise quickly and collapse quickly. If you are going to trade in them, be aware of strong movements and surprises.