The hashtag #MemecoinSentiment reflects the current buzz around meme-based cryptocurrencies like DOGE, SHIB, PEPE, and newer tokens such as SPX6900 and LILPEPE. July has seen a sharp rise in memecoin prices, with some gaining over 50%, driven by retail hype, influencer marketing, and risk-on sentiment in the broader crypto market. New launches are attracting massive attention, while institutional interest hints at deeper shifts in perception. However, volatility remains high, and concerns about scams, pump-and-dumps, and regulatory scrutiny persist. While the sentiment is bullish in the short term, investors are urged to be cautious. Memecoins continue evolving, blending entertainment, culture, and blockchain innovation in new and surprising ways.