Crypto in ‘gamble mindset’ as memecoin mentions hit YTD high: Santiment
From Cointelegraph
May 2, 2025 01:57 AM:
Online discussions about memecoins have hit a 2025 high, surpassing discussions about Bitcoin. Source: Santiment. Quinlivan said the overall crypto market rose 10% in the past eight days, but Bitcoin only gained 7%, indicating traders are flocking to more speculative assets. Dogecoin has seen a notable spike in positive crowd sentiment after major decline in April. PumpSwap saw a spike to $11 billion in monthly trading volume during April. Pump.Fun’s monthly trading volume rose to $3.3 billion in April. Memecoin activity exploded after Trump’s memecoin launch, but traders cooled on memecoins.
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