Santiment Flags Spike in Memecoin Hype as Retail Investors Chase High-Risk Bets

Santiment reports that retail crypto traders are increasingly adopting a gambling mindset, as online discussions about memecoins surge to their highest level this year.

Despite recent crashes in the sector, speculative interest in these high-risk tokens is rising, while attention to foundational projects like layer-1s and layer-2s declines. The firm warns that the current buzz around terms like “altcoin,” “altseason,” and “bull cycle” reflects heightened crowd excitement, which often signals an impending market correction.

Historically, altcoin investments have performed best when public interest was low, not during hype-driven phases.

Clever Robot News Desk 7^th May 2025