#MemecoinSentiment Meme coin sentiment is overwhelmingly driven by social media hype, community engagement, and the potent fear of missing out (FOMO). Unlike traditional cryptocurrencies with underlying utility, meme coins thrive on viral trends and collective enthusiasm. A positive tweet from an influencer or a surging online community can trigger rapid price spikes, leading to bullish sentiment.

However, this reliance on fickle public sentiment makes them highly volatile. Sentiment can shift abruptly due to negative news, fading trends, or market manipulation, causing sharp corrections. Investors are often drawn to the promise of quick, outsized gains, yet the "greater fool" theory often applies, as value is frequently tied to the hope that someone else will pay more. Overall, current sentiment sees meme coins enjoying a renewed rally, largely fueled by Bitcoin's recent all-time highs, but the inherent speculative nature remains a dominant factor.