Bitcoin

DOGE, XRP ETFs, and gamble memecoin sentiment fuels bullish trade: Santiment social data 

Optimism concerning the approvals of the funds negotiated on the stock market (ETF) for Dogecoin (DOGE) and XRP witnessed an increase, with the feeling of the increasingly positive crowd for the two tokens, according to the social data of santly published Thursday. In the past two weeks, the two cryptos have recorded a price increase of more than 6%.

According to the Santiment Market Intelligence Company, the market has been gaining a 10% gain in the last eight days of April. The analytical firm explained that the appetite for the risks of traders signals the first stages of what could be a phase focused on greed, which had previously encouraged investors on social networks to talk about altcoins in tones.

The company noted that the interest of the crowd is now strongly centered on fashionable words like “Altcoin”, “Altsason” and “Bull Cycle”, with traders displaying a “bet” state of mind. Historically, the most favorable Altcoin purchase opportunities occurred during periods of low public attention.

The XRP community confident of FNB approval

Santly analysis shows that confidence among XRP holders jumped, with approval ratings from 65% in February to 85% at the end of April, according to prediction markets like Polymarket.

A large part of this optimism is linked to changes in the regulatory environment, because the American Securities and Exchange commission (SEC) under the Trump administration is considered more “friendly” towards the crypto.

Although the SEC delayed its decision on the proposal of Franklin Templeton ETF of Franklin Templeton on June 17, the announcement did not do much to alleviate the bullish feeling. Many investors are convinced that the possible approval of these FNBs could open doors to larger institutional entries.

The ratio of XRP of Haussier-VS.-Barish (Gold) and its corporate domination compared to other active (Violet)
The Haussier-VS.-Barish (Gold) commentary ratio (Gold) and its social domination compared to other active (Violet). Source: Santiment.

Interestingly, discussions on social networks surrounding the XRP decreased in the past three months, but the bullish voices within the community have become more pronounced.

“As your financial advisor says that it is normal to buy #XRP $ XRP, it will cost $ 100. When they say it's a good idea, it will be $ 1000 +,” said an XRP investor on X.

DOGECOIN ETF Backing and Institutional CAUTION

In April, the suppliers ETF 21Shares and submitted official proposals to launch the Dogecoin Spot ETF. The Nasdaq followed suit and filed documents with the dry on April 9 to list the 21Shares Dogecoin ETF. The SEC has postponed its decision to these requests until mid-June.

Dogecoin has returned to the list of 10 cryptocurrencies most negotiated in volume and market capitalization after slow start in the first two months of 2025. According to Santiment, social domination for Doge has reached a three-month summit by the end of April, reversing a prolonged drop in public attention.

The Dogecoin ratio of Haussiers-VS.-Compas (gold), and its social domination compared to other active (Violet)
The Dogecoin ratio of Haussiers-VS.-Compas (gold) and its corporate domination compared to other assets (purple). Source: Santiment

Mixed signals on cryptographic markets

Despite the optimistic momentum for pieces like Dogecoin and XRP, the global feeling through cryptographic space remains unequal. Bitcoin's high performance at the end of April surprised many traders, especially those who had predicted more.

Santiment noted that Ethereum (ETH) has experienced a certain recovery in its position, although it is still under social buzzing compared to more recent coins and altcoins.

“”In 2025, the new normal for the social domination of the ETH was around 6 to 7%. As for his bullish comment against lowering on social networks, he made a background, like many assets, at the beginning of the month. The comment is actually quite optimistic once again“He said.

Depending on the market capitalization classification list of the crypto, Solana (soil) is a frequent subject of discussion between traders, with debates in progress focused on its price action, its market capitalization, its commercial volume and its technical indicators.

Optimistic forecasts for Solana's future performance and speculation on a potential FNB approval contributed to a sustained bullish feeling.

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