#MemecoinSentiment
👀Memecoin, New Reality Amid Market Irrationality
Seeing how Pump.fun managed to raise $600 million in just 12 minutes is concrete proof that the market is not always driven by fundamentals, but rather by momentum, narratives, and speed of perception.
The offering is only 15% of the total supply with a diluted valuation of $4 billion, clearly illustrating that investors are currently more obsessed with the possibility of quick profits than long-term value.
This reflects several things:
1. FOMO (Fear of Missing Out) remains the main fuel.
2. Assets without strong utility can still explode, as long as they have sentiment, community, and access to viral narratives.
3. Retail investors are now more willing to make big bets on something that doesn't even have a clear structure — as long as there is momentum.