Crypto Markets Are in Gambling Mood as Memecoin Mentions Hit High
According to on-chain analytics platform Santiment, the number of online discussions about memecoins has just hit a year-to-date high, drawing significant attention after market sentiment cooled off earlier in the year.
Two weeks ago, discussions around Bitcoin and layer 1 protocols peaked amid market volatility triggered by the Trump administration’s tariffs. However, interest has since shifted to large-cap memecoins. Brian Quinlivan, Santiment’s chief marketing officer, said in a May 1 post: