#MemecoinSentiment #Memecoin sentiment is currently characterized by high volatility and uncertainty, with market reactions heavily influenced by social media trends and speculative trading patterns. Here are some key points to consider ¹:

- *Market Performance*: Memecoin (MEME) has seen a 19.99% increase in price over the last 7 days, but a 1.38% decrease in the last 24 hours, with a current price of around $0.0017923410287952.

- *Market Capitalization*: Memecoin's market capitalization stands at approximately $90.35 million, with a fully diluted market cap of $123.67 million.

- *Trading Volume*: The 24-hour trading volume for MEME is around $24.69 million, indicating significant market activity.

- *Sentiment Analysis*: Traders are responding to hype rather than fundamental analysis, leading to substantial price swings and potential opportunities or risks.

- *Meme Coin Market Share*: The meme coin market share has declined from 9% in November 2024 to 5.67% in February 2025, indicating a shift towards more fundamentally driven projects.

Some popular meme coins and their recent performances include ² ³:

- *Shiba Inu (SHIB)*: Emerged as a frontrunner in the meme coin arena, with innovative roadmaps and decentralized finance (DeFi) projects.

- *Dogecoin (DOGE)*: Saw an 8.5% price increase in response to a tweet from AltcoinGordon, demonstrating the influence of social media on meme coin markets.

- *MemeCore*: Experienced a 450% surge amid Bitcoin's price breakout, highlighting the potential for r