Meme Coin Mentions Reach New Heights As Market Grows Speculative

Dogecoin Leads The Charge
Dogecoin (DOGE) has seen a notable spike in sentiment after ETF filings in the U.S. reignited interest, reversing a decline in crowd attention through April. While the SEC delayed decisions until mid-June, Quinlivan said DOGE’s social dominance hit a three-month high.

Source: Santiment

Meanwhile, meme coin activity surged following Donald Trump’s token launch in January but cooled after several failed projects, including February’s LIBRA launch, CoinGecko’s Bobby Ong reported.

High-Cap Meme Coins

While Bitcoin (BTC) and major Layer-1 tokens dominated discussions during recent market volatility tied to U.S. tariffs, focus has now turned to high-cap meme coins, Santiment’s Brian Quinlivan said on May 1st.

“Traders are embracing a gamble mindset, chasing short-term gains over fundamentals,” he noted. The crypto market rose 10% over the past eight days, while Bitcoin gained only 7%, suggesting investors are moving into more volatile tokens.