Meme Coin Hype Hits Yearly High as Traders Chase Speculation Over Strategy: Santiment
By: crypto news|2025/05/02 13:15:01
0
Share
As April 2025 drew to a close, the crypto market, especially meme coin, experienced a dramatic upswing, led by a surprise rebound in Bitcoin’s 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.
You may also like
Argentina vs Cape Verde: When a Record-Breaking Legend Meets an Unbreakable Underdog
WEEX exclusive pre-match analysis of Argentina vs Cape Verde, exploring Messi-led Argentina’s dominance and Cape Verde’s historic defensive breakout, with a breakdown of volatility, structure, and match dynamics.
How does Gate redo "buying and selling stocks" from the cryptocurrency world to the stock market?
The competition logic of exchanges has changed.
Former ByteDance employee's account: How I started with two Pinduoduo hard drives and made six times the profit with Seagate to achieve financial freedom?
A programmer from a big tech company bought hard drives on Pinduoduo and, following clues, managed to accurately capture the sixfold rising stock Seagate using the "finding daily anomalies + 13F institutional verification" framework, making a wild profit of $400,000 and achieving financial freedom.
Visa and Mastercard join 140 giants to launch a new stablecoin, but the impact on the market landscape may still be limited
As an important milestone event in the stablecoin landscape, OUSD is likely to change the existing stablecoin landscape and significantly increase the adoption rate of stablecoins in the global financial system.
WEEX Launches Depth Chart for Spot Trading
WEEX Spot now supports Depth Chart, helping users visualize buy and sell orders, spot liquidity walls, and understand market depth more clearly before placing trades.
MiCA reshuffle begins, Binance temporarily bids farewell to the EU
What Binance leaves behind is not scattered retail investors, but a whole batch of high-value users who are forced to liquidate and have almost nowhere to go.
Raising interest rates to protect STRC and selling coins to maintain credit, this time the strategy has chosen the two most expensive paths
The rebound in BTC prices can make all problems simple.
Morning Report | Samsung announces a 265.5 trillion won investment plan, focusing on semiconductor and AI computing power data centers; Vitalik publishes an article detailing the entire technology tree behind the confusion protocol (iO) mainline
Overview of Important Market Events on June 29
In the era of AI, what is left of Bitcoin?
AI can generate a fake image, create a fake video, and even forge a person's voice. But it cannot make the entire Bitcoin network acknowledge a non-existent transaction out of thin air.
NeoSoul announced plans to integrate with the OKX Agentic Wallet, promoting AI agents' participation in the on-chain economy
After the integration is complete, the AI entity will be able to manage on-chain assets, pay service fees, and perform related on-chain operations.
Why Is Bitcoin Lagging Stocks in 2026? AI Stocks, ETF Outflows, and the Nasdaq Rally Explained
Stocks are hitting record highs while Bitcoin continues to lag. Discover why AI stocks are attracting institutional capital and what it means for crypto traders.
What you bought on CEX is really not US stocks: Analyzing the 94% liquidation monopoly and the evaporation of equity under a five-layer pipeline
Peeling back its smooth trading interface to examine the underlying legal relationships and settlement processes, you will find that this is far from a simple "RWA asset revolution," but rather a complex game of interests involving spot pricing, rights ownership, and the monopoly of underlying custo...
In such a crowded cross-border payment arena, where is the next stop for the future?
Only by stepping into the mud can one have the chance to touch gold.
Why Is Bitcoin Down in 2026? What We Can Learn From 2022
Why is Bitcoin down in 2026? Bitcoin has just recorded its worst first half since 2022, with back-to-back quarterly losses, record ETF outflows, and extreme fear. Here's what history says, how 2026 differs from the last bear market, and the three signals traders should wat
The large models in the United States are moving towards closure in the name of security
The government successfully inserted itself as an approver between commercial AI models and their users for the first time.
From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework
Give up on heavily investing in Nvidia's "nine major bottlenecks"! This article analyzes the underlying logic behind top AI investors making billions: physical infrastructure such as electricity, HBM, and optical interconnects are the true keys to wealth in AI hardware.
Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion
Overview of Important Market Events on June 25
Global Launch: As predictions become the most scarce asset in the AI era, Manadia is defining the next generation of the value internet
The trusted AI prediction ecosystem Manadia, which has secured $7 million in funding from well-known institutions like OKX, will globally launch in June. The core token UMXM has already been listed on multiple mainstream platforms, inviting you to seize the new blue ocean of the trillion-level predi...
Argentina vs Cape Verde: When a Record-Breaking Legend Meets an Unbreakable Underdog
WEEX exclusive pre-match analysis of Argentina vs Cape Verde, exploring Messi-led Argentina’s dominance and Cape Verde’s historic defensive breakout, with a breakdown of volatility, structure, and match dynamics.
How does Gate redo "buying and selling stocks" from the cryptocurrency world to the stock market?
The competition logic of exchanges has changed.
Former ByteDance employee's account: How I started with two Pinduoduo hard drives and made six times the profit with Seagate to achieve financial freedom?
A programmer from a big tech company bought hard drives on Pinduoduo and, following clues, managed to accurately capture the sixfold rising stock Seagate using the "finding daily anomalies + 13F institutional verification" framework, making a wild profit of $400,000 and achieving financial freedom.
Visa and Mastercard join 140 giants to launch a new stablecoin, but the impact on the market landscape may still be limited
As an important milestone event in the stablecoin landscape, OUSD is likely to change the existing stablecoin landscape and significantly increase the adoption rate of stablecoins in the global financial system.
WEEX Launches Depth Chart for Spot Trading
WEEX Spot now supports Depth Chart, helping users visualize buy and sell orders, spot liquidity walls, and understand market depth more clearly before placing trades.
MiCA reshuffle begins, Binance temporarily bids farewell to the EU
What Binance leaves behind is not scattered retail investors, but a whole batch of high-value users who are forced to liquidate and have almost nowhere to go.
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com





