#TradingStrategyMistakes

Memecoins are no longer just jokes—they’ve become a sentiment-driven movement in crypto. The power of community, influencers, and viral trends has made tokens like $DOGE and $PEPE skyrocket. But what many overlook is that memecoin sentiment shifts fast. A single tweet, meme, or celebrity shoutout can drive prices up—or crash them. Before trading, I now monitor Reddit threads, X (formerly Twitter), and Telegram groups to assess community hype. If the excitement feels forced or bots dominate the conversation, I stay cautious. The real alpha is riding the wave before it trends. Sentiment is the fuel—timing is the fire.