🐸 Santiment: Meme Coins May Rebound Sooner Than Expected…
Analysts at Santiment suggest that a turnaround in the meme coin sector could happen earlier than the market anticipates even amid broader crypto market instability.
According to their data, a growing “nostalgia” narrative is emerging, with more participants claiming that the meme coin era is over. Santiment views this pessimism as a classic sign of capitulation, a pattern that often forms near cycle bottoms.
When a sector is widely written off, it can create the conditions for a counter trend rebound. Historically, extreme consensus on the negative side has frequently preceded unexpected recoveries.
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