Meme Coin Hype Hits Yearly High as Traders Chase Speculation Over Strategy: Santiment

By: crypto news|2025/05/02 21:15:01
0
Share
copy
As April 2025 drew to a close, the crypto market, especially meme coin, experienced a dramatic upswing, led by a surprise rebound in Bitcoins price to the $94K–$96K range and renewed retail traders interest. According to an analysis posted on Santiment, this late-month surge did more than lift portfolios. It reignited retail interest and triggered a domino effect across altcoins, particularly meme coins. The sentiment toward Bitcoin, Ethereum, XRP, BNB, Solana, and Dogecoin are wildly different following crypto's impressive 3-week rebound. We cover how fear has transitioned to slight greed in our latest insight, in collaboration with @Bybit_Official! https://t.co/MDG9cfW05M pic.twitter.com/rz3eBvZmbj— Santiment (@santimentfeed) May 1, 2025While Bitcoin gained 7% in the final eight days of April, the broader market rose by 10%. The report identifies this as a classic pattern where traders pivot to riskier plays in search of higher yields when Bitcoin leads a rally and stalls. As the ultimate speculative assets, meme coins have now taken center stage.This behavior is accompanied by a swelling social volume and enthusiasm, with buzzwords like “alt season” and “bull cycle” trending online. Source: SantimentSantiment warns that this retail-driven speculation can indicate a greed phase nearing exhaustion. Historically, such peaks in retail chatter precede market corrections.Bitcoin: From Despair to DeliriumBitcoin’s resurgence to the mid-$90K range has restored confidence among retail traders, reversing the bearish sentiment that loomed during the first half of April. Earlier in the month, Bitcoin’s correlation with a declining S&P 500 had stoked fears that BTC might drop below $70K or worse, $50K. Online sentiment reflected these anxieties between April 6 and 18, with price predictions heavily skewed toward the downside. Source: SantimentBut sentiment flipped dramatically as Bitcoin defied expectations, climbing steadily and breaking resistance levels.Social media platforms that once echoed predictions of collapse are now buzzing with $100K–$159K price forecasts. While discussions surrounding Bitcoin remain stable at around 25% of all top crypto conversations, the positive-to-negative commentary ratio has shifted sharply in favor of the bulls. Source: SantimentAccording to Santiment’s data, this optimism is evident in asset discussion ratios and price projection trends.This FOMO-driven behavior has historically triggered waves of retail capital moving into smaller altcoins.If April’s pattern continues, Bitcoin’s sideways movement in May could mean even greater volatility in lesser-known assets.Ethereum, however, has underwhelmed in 2025. Compared to rivals like BTC, SOL, and XRP, Ether has remained flat and largely uninspiring to retail investors. Source: SantimentIn 2022–2023, ETH held about 10% of all top 100 asset discussions, but that number dropped to 6–7% in 2025.In contrast, XRP is seeing a renaissance of optimism. The odds of an XRP Spot ETF being approved by the end of 2025 have risen from 65% to 85%. Sensing the winds of regulatory change under a more crypto-friendly SEC, retail traders are predicting new all-time highs.Solana and Dogecoin: One Battling Bots, the Other Buoyed by ETFsSolana finds itself in an odd position, frequently discussed, but with declining genuine engagement. According to Santiment’s data, it currently accounts for only 4.4% of all crypto discussions (down from 6–7% in January), Solana’s 38% underperformance over the past three months surely contributes to its social fade.Source: SantimentSantiment has detected unusual behavior in sentiment data, with positive comments outweighing negatives even when SOL price trends didn’t support sentiment to manipulate public perception and trading behavior.Despite the waning organic interest, Solana continues to surface in broader ETF-related discussions. While still nascent, speculation about a Solana Spot ETF reflects growing institutional curiosity. But for now, SOL remains caught between declining retail engagement and artificially stimulated hype.On the other hand, Dogecoin is riding a wave of institutional legitimacy. The top meme coin by market cap saw an April boost as major firms, including 21Shares and Bitwise, filed for Dogecoin Spot ETFs. Dogecoin whales scoop up 100M DOGE in a week, fueling $0.20 breakout hopes as bullish momentum builds.#Dogecoin #CryptoWhaleshttps://t.co/94S1y1VLhM— Cryptonews.com (@cryptonews) May 1, 2025Nasdaq even submitted paperwork to list the 21Shares DOGE ETF, a clear signal that institutional players see potential in Dogecoin’s retail power. These developments haven’t gone unnoticed. Though the SEC has postponed its decision on these filings until mid-June, the mere act of submission has electrified DOGE’s community and drawn in new investors.Santiment’s latest report paints a vivid picture of a crypto market driven more by excitement than strategy. From Bitcoin’s bounce to the speculative moonshots in meme coins and altcoins, the ecosystem appears caught in another euphoric upswing.It remains to be seen whether the shift toward meme coins proves sustainable or collapses under the weight of its hype.The post Meme Coin Hype Hits Yearly High as Traders Chase Speculation Over Strategy: Santiment appeared first on Cryptonews.

-- Price

--

You may also like

SpaceX Stock Prediction After the IPO: Can SPCX Reach $200 Before QQQ Inclusion?

SpaceX stock has become one of the hottest trades of 2026. Can SPCX reach $200 before QQQ inclusion? Discover the latest SpaceX stock prediction, analyst targets, Bitcoin exposure, and the key catalysts that could move SpaceX stock after its historic IPO.

Congratulations to Carl Moon on His Historic Ferrari Challenge Le Mans Podium Triumph

Crypto influencer and racing enthusiast Carl Moon finished third in the Ferrari Challenge Le Mans Coppa Shell class, marking his best result of the year. As his racing partner and sponsor, WEEX celebrates this remarkable achievement and continues to lead crypto’s journey beyond boundaries, uniting the innovation of digital assets with the passion of motorsport. 

A16Z: The sun bears witness, SpaceX is worth 7.5 trillion

A deep analysis of Musk's ultimate grand vision: how SpaceX, xAI, and Tesla are deeply intertwined, using space AI data centers and Starships to gradually turn the sci-fi fantasies of Mars colonization and multi-planetary civilization into reality.

The stablecoin positioning battle escalates: When compliance is just a ticket to entry, will USD1 become the biggest winner?

How does the GENIUS Act reshape the stablecoin landscape?

Can the CLARITY Act Become Law by July 4? Everything You Need to Know About the Final Battle

The CLARITY Act has cleared a major Senate hurdle, but the hardest battle is still ahead. With the July 4 deadline approaching, can the White House finally pass its biggest crypto regulation bill? Find the clues in our exclusive analysis below.

How to exit after asset tokenization?

Currently, three models have emerged, aimed at providing instant exit routes for tokenized real-world assets. Their differences lie in: who holds the funds required for exit, how efficiently the funds operate, and the extent to which this model can be scaled across different asset types.

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com