#MemecoinSentiment The hashtag “#MemecoinSentiment” refers to measuring the general mood of investors and traders towards memecoins like Dogecoin or Shiba Inu. This measurement relies on analyzing:

Social platforms: Collecting and examining tweets, posts, and comments on Twitter, Reddit, and others to determine whether sentiments are positive (optimism), negative (pessimism), or neutral. Search volume: Tracking the number of searches for the coin's name on search engines and trading platforms. Trading data: Monitoring price changes and trading volume as practical counterparts to market conditions and public reactions.

In summary, “#MemecoinSentiment” helps traders quickly understand general mood trends to make investment decisions based on psychological market analysis.