Crypto Gloom

The gambling accident method returns to Meme Coin Market: Santiment.

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The “gambling accident”, which has soared social emotions for Dogecoin (Doge) and the number of online memes coins over a year, has returned to the meme coin market.

According to Santiment, an onChain analytics company, Bitcoin is again attracting investors with “FOMO FEAR”, while merchants are investing in the memes with speculation and short -term profits.

Brian Quinlivan, a marketing director of Santiment, said, “The online discussions on this high -risk token have been spread by accepting gambling accidents rather than calculated investment approach. Blog.

Meme coinMeme coin

Encryption merchants and investors enter the “greed center” stage as the Doge emotion increases.

In this article, Quinlivan said Bitcoin led the encryption market in terms of profits for the last eight days of April, but the fund began with a “more speculative” small encryption. Therefore, he insisted that investors are entering the “greed center” stage.

After the end of Bitcoin’s moon, he added that after the rally and the “side” trading, investors said, “We began to take a greater risk to score higher profits through more speculative and dangerous purchases.

Quinlivan said Meme Coin, especially Doge, had a significant surge in positive crowd feelings.

Despite the US Securities and Exchange Commission (secretary) Investors seemed to be cautious, delaying the decisions for various ETFs (Exchange-Traded Funds).

By the end of April, Dog suffered a significant decrease in terms of interest in the crowd, but as the dialogue and submission over NASDAQ’s ETF list increased, social domination has soared to the highest level in almost three months.

“The analysts and traders have found a great accumulation by whales, with an optimistic pattern on the chart.” The delay of the SEC means that the final decision is still pending, but Buildup has created a more optimistic and energetic atmosphere around the coin than it has been seen for a long time. “

Mim coin activity increases rapidly in pump sway and pump

With the increase in online discussion Meme coinDefillama data It shows the trading activity of PumpSwap, a distributed exchange fired by PUMP.FUN.

Similarly, Pump.fun’s trading activities rose to $ 3.3 billion in April. This has risen in the $ 2.5 billion trading activities we saw in March.

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