#MemecoinSentiment
Meme coin sentiment has taken a hit, with a sharp decline in interest over the past two weeks. According to Santiment, the majority of investor sentiment has turned bearish, with a significant decrease in interest in meme coins. This shift is likely due to the market cap pullback, especially in altcoins, while interest in Bitcoin has notably rebounded ¹.
*Current Market Performance:*
- *Memecoin Price:* $0.001798 (up 2.39% in 24 hours)
- *Market Cap:* $90,331,915
- *24-hour Trading Volume:* $389,442,646
- *Circulating Supply:* 50,407,681,802 MEME
*Trends and Predictions:*
- The meme coin market share has declined, with the Meme/Non-Meme Coin Market Cap Ratio cooling down to 5.67% in February 2025, down from 9% in November 2024.
- Analysts suggest a shift towards greater maturity and a renewed focus on projects with real substance and long-term potential.
- Memecoin price predictions for today suggest a trading range between $0.0017708329364497 and $0.0018337441065604.