#MemecoinSentiment about meme coin
What is a memecoin?
Memecoins are cryptocurrencies that are tied to virtual trends and have limited real world use-cases. They are often linked to memes and celebrities.
In recent years, some traders have used memecoins as a way to earn quick profits. Because memecoins often rise in value very quickly, some traders have used them to earn large profits in a short timespan.
Examples of memecoins include the following:
DOGE: Dogecoin was one of the first popular memecoins, based on the popular ‘Doge’ meme.
CHILLGUY: A token based on the viral ‘Chill guy’ meme.
TRUMP: A memecoin launched by President Trump shortly before his 2025 inauguration.
Because memecoins can rise in price quickly, they’ve become popular amongst influencers and investors. As a result, it’s now common to see videos like ‘The top 5 memecoins you need to watch’ on TikTok and Telegram/Discord communities specifically dedicated to memecoin trading
👉What are the risks of investing in memecoins? 👈
Some critics compare memecoins to gambling. Because these coins have little inherent value, they can crash at a moment’s notice.
In addition, memecoins have been used in ‘pump and dump’ scams — where a group of insiders hypes up a cryptocurrency, before selling off their tokens and leaving investors with worthless assets.
Why are memecoins becoming more popular?
In 2024, memecoins became one of the most dominant forces in crypto.
Memecoins accounted for 31% of global crypto investor interest — surpassing every other cryptocurrency investment narrative including DeFi, AI, and gaming.
The growth of memecoins was driven by a combination of factors:
Bullish sentiment: As the crypto market rebounded from the 2022–2023 downturn, investors were more willing to take risks and speculate on memecoins.
Accessibility: Platforms like Pump.fun made it easier than ever for anyone to create their own memecoin and launch it to the public. Memecoins often are more accessible for everyday investors as they do not require sophisticated knowledge of the blockchain— just a sense of what’s trending and popular.
Community engagement: Memecoin communities on platforms like Reddit, TikTok, Telegram, and X caused a flood of investor interest.
Celebrity involvement: Public figures introduced memecoins to new audiences. In early 2025, President Donald Trump and First Lady Melania Trump each launched tokens—$TRUMP and $MELANIA—which quickly amassed billions in market cap and drew in a wave of first-time retail investors
Terms you should know for memecoin trading
The world of memecoins comes with its own vocabulary. Here are a few terms you should know before getting started?
Market capitalization (market cap): Market capitalization is the current price of a cryptocurrency times the circulating supply of that crypto. This metric shows you the total value of a memecoin.
FOMO: FOMO stands for Fear Of Missing Out. When a memecoin sees large gains, other traders may have FOMO and buy in.
Ape in: ‘Ape in’ is slang for impulsively investing into a memecoin.
Degen: ‘Degen’ is short for degenerate. It’s often used as a playful term for memecoin traders who make risky transactions with little regard for the long-term stability of their portfolios.
Contract address (CA): The unique address of a specific memecoin. The contract address can be used to help you find the correct version of a memecoin (instead of a duplicate created by a scammer).
Bots: Bots are used by traders to identify and execute traders faster than human traders.
Ticker: A ticker is an abbreviation of a memecoin — similar to a stock ticker. For example, the abbreviation of Dogecoin is DOGE.
Paper hands/Diamond hands: Traders with ‘paper hands’ sell at the first sign of trouble. Meanwhile, traders with ‘diamond hands’ hold memecoins for the long-term — even when the market crashes!
Liquidity: Liquidity is how easily a memecoin can be traded without impacting its price. Established memecoins have strong liquidity — which means you won’t be able to impact its price with a single buy or sell.
Whale: A cryptocurrency whale owns a large portion of a specific memecoin or cryptocurrency. These whales can influence market prices when they buy/sell — which is why many investors keep a close eye on whale activity.
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