The #MemecoinSentiment is more of an emotional thermometer than a technical one. When it rises, it's not always because the project has fundamentals, but because there is hype, an active community, and viral humor.
Is it bad? Not necessarily. Memecoins reflect something real: people want to have fun while investing and seek to feel like they are part of something.
But it's also a double-edged sword. What rises due to emotion can fall due to forgetfulness.
My opinion: if you are going to enter a memecoin, do so with a clear mind. Take advantage of the energy, but don't put in your savings.
Because sentiment moves fast... and doesn't always give a warning when it leaves.