Gambling Mindset Returns To Meme Coin Market: Santiment

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A “state of play spirit” returned to the coin market while social feeling around Dogecoin (Doge) flat and the number of online coins mentions a year.

It is according to ONCHAIN's analysis company, Santiment, which said that Bitcoin again attracts investors with “Fomo Fear” while traders are increasingly investing in coins based on the manner of speculation and short -term gains.

“Online discussions on these high -risk tokens have proliferated while traders adopt a playing state of play rather than a calculated investment approach,” said Santiment Marketing Director Brian Quinlivan blog.

Corners Corners

Merchants and cryptography investors enter the “cupidity -oriented” phase as Doge feeling rises

In the position, Fortlivan said that although Bitcoin directed the cryptography market in terms of gains in the last 8 days of April, the funds had started to flow into smaller cryptos which are “more speculative”. As such, he said that investors were leading to a phase “cupidity focused”.

📊 The feeling towards Bitcoin, Ethereum, XRP, BNB, Solana and Dogecoin is extremely different after an impressive 3 weeks of crypto. We cover how fear has gone to a slight greed in our latest information, in collaboration with @Bybit_official! 👇 pic.twitter.com/rz3ebvzmbj

– Santiment (@santimentfeed) May 1, 2025

He added that after the end of the month of Bitcoin and the “laterally” subsequent “laterally” trading, investors began to take “greater risks in the hope of scoring even higher yields thanks to more speculative and risky purchases”.

The main same corner, DOGE, in particular, experienced a considerable peak in the positive feeling of the crowd, said Quinlivan.

Despite the Securities and Exchange Commission (SECOND) Delay decisions on various FNB DOGE (funds negotiated on the stock market), he said that investors seem to be in a prudent state of anticipation.

Until the end of April, DOGE had been on a major drop in terms of interest in the crowd, but its corporate domination has since increased its highest level in almost three months, while conversations and documents surrounding the lists of NASDAQ ETFs increased, said Quinlvan.

“Analysts and merchants have noticed a strong accumulation by whales, with bullish models that form in the graphics, which added to the feeling that Dogecoin could enter a new growth phase,” he said. “Although dry delays mean that the final decisions are still pending, the accumulation has created a more optimistic and energetic mood around the medal that we have seen for a long time.”

Same corner activity over the pumpswap and pump.fun

As well as the increase in online discussions around CornersDefillama data Shows a negotiation activity on Pumpswap, the decentralized scholarship launched by Pump.fun, increased to $ 11 billion in April, against only $ 1.7 billion per month earlier.

Likewise, Pump.fun's negotiation activity reached $ 3.3 billion in April. This is increasing compared to the negotiation activity of $ 2.5 billion he saw in March.