#MemecoinSentiment

Memecoin is still one of the most controversial types of coins – some people hate it, while others absolutely love it for its "unbelievable growth." In my opinion, sentiment is the key factor for the survival of memecoins. Projects like DOGE, SHIB, or PEPE have succeeded thanks to a strong community, viral memes, and widespread FOMO. However, sentiment can also change easily – just one bad news or a major dump can turn the crowd away. Therefore, when investing in memecoins, I usually only invest a small portion of my capital, choose the right time when there is hype, and exit quickly when there is profit.