Memecoin Craze Ignites Speculative Frenzy as Social Media Activity Peaks
Social media buzz around memecoins has reached unprecedented levels, signaling a sharp pivot toward high-risk speculative trading. Santiment data reveals surging engagement metrics—hashtags, comments, and likes—as retail investors chase volatile short-term gains over fundamental strategies.
The trend underscores a broader market shift: liquidity flows increasingly hinge on viral narratives rather than technical or macroeconomic factors. While no specific coins dominate the discourse, the phenomenon amplifies systemic volatility risks across crypto markets.