Online discussions about memecoins have hit a year-to-date high, gaining considerable attention after sentiment cooled earlier in the year, according to onchain analytics platform Santiment.
Two weeks ago, discussions around Bitcoin ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/bitcoin-price” rel=”null” target=”null” text=”null” title=”null”>BTC) and data-ct-non-breakable=”null” href=”https://cointelegraph.com/learn/articles/a-beginners-guide-to-understanding-the-layers-of-blockchain-technology” rel=”null” target=”null” text=”null” title=”null”>layer-1 protocols peaked during the market volatility brought on by the Trump administration’s sweeping tariffs. However, that’s since shifted to high market cap memecoins, Santiment marketing director Brian Quinlivan data-ct-non-breakable=”null” href=”https://insights.santiment.net/read/biweekly-market-update-altcoin-sentiment-recovers-a-review-of-top-caps-8650?utm_source=twitter&utm_medium=post&utm_campaign=twitter_bybit_biweekly_market_update_b_050125/&fpr=twitter” rel=”null” target=”null” text=”null” title=”null”>said in a May 1 blog post.
“Online discussions about these high-risk tokens have…
