#MemecoinSentiment
Positive
Retail Hype & FOMO.Meme coins like PEPE, DOGE, SHIB, and new entrants like WIF or FLOKI still attract retail traders looking for quick profits.
Celebrity/Influencer Influence: Tweets or posts from figures like Elon Musk or influencers can still cause major pumps.
Community-Driven: Strong online communities (especially on X, Reddit, and Telegram) keep the momentum alive.
Lower Gas Fees (esp. on Solana): Meme coins on faster chains are seeing surging interest due to cheaper and quicker trades.
Negative
Rug Pulls & Scams: Many new meme coins have no real utility and lead to heavy losses, fueling caution.
Whale Manipulation: A few big holders can easily manipulate the price, hurting smaller investors.
Regulatory Scrutiny: Increasing attention from regulators worldwide may eventually crack down on meme-based speculation.
Short Lifespan: Most meme coins lose steam quickly once the hype fades or the market turns bearish.