#MemecoinSentiment

Memecoin prices often go up or down because of hype, not real value. People on social media like X (formerly Twitter), Reddit, and TikTok talk a lot about these coins—like $DOGE , $SHIB , and newer ones. When a post goes viral or a celebrity supports a coin, prices can quickly rise. But this excitement can disappear just as fast, causing prices to drop sharply.

Unlike regular cryptocurrencies, memecoins are mostly driven by FOMO (fear of missing out) and group behavior. They are risky and not based on real-world use or strong technology. A strong online community can push prices up in the short term, but investors should be careful—these coins often don’t have lasting value.