carjoman
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#MemecoinSentiment
The prevailing sentiment in memecoins is positive, although in a context of high volatility. In mid-July, tokens like DOGE, SHIB, and PEPE have shown rebounds following the rise of Bitcoin.
According to Santiment, the recent explosion of memecoins, along with the historical BTC mark at USD 118,600, often signifies a speculative peak in the bearish or sideways cycle.
Additionally, there is a strong momentum from communities on social networks (Discord, Twitter), which adds a significant risk component.
Therefore, although the current moment favors rapid increases, it also carries elevated risk and experts recommend caution in light of a possible imminent correction.
The prevailing sentiment in memecoins is positive, although in a context of high volatility. In mid-July, tokens like DOGE, SHIB, and PEPE have shown rebounds following the rise of Bitcoin.
According to Santiment, the recent explosion of memecoins, along with the historical BTC mark at USD 118,600, often signifies a speculative peak in the bearish or sideways cycle.
Additionally, there is a strong momentum from communities on social networks (Discord, Twitter), which adds a significant risk component.
Therefore, although the current moment favors rapid increases, it also carries elevated risk and experts recommend caution in light of a possible imminent correction.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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