{"id":12398,"date":"2025-02-11T07:31:44","date_gmt":"2025-02-11T07:31:44","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=12398"},"modified":"2025-02-11T07:31:44","modified_gmt":"2025-02-11T07:31:44","slug":"attention-shifts-to-top-crypto-assets-as-meme-coin-mania-fades-santiment","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=12398","title":{"rendered":"Attention Shifts to Top Crypto Assets as Meme Coin Mania Fades: Santiment"},"content":{"rendered":"<div>\n<p>\u201cThe crypto community has largely shifted their attention to Bitcoin and other layer-1 assets like Ethereum, Solana, Toncoin, and Cardano,\u201d reported Santiment on Feb. 11.<\/p>\n<p>It added that, collectively, the top L1 assets are getting 44% of discussions among specific cryptocurrencies, while top meme coins like Dogecoin, Shiba Inu, and Pepe are being discussed less and less across social media.<\/p>\n<blockquote>\n<p>\u201cThis is likely thanks to the recent volatility and speculative altcoin price dominance falling behind,\u201d analysts noted.<\/p>\n<\/blockquote>\n<h2>More Sustainable Market Environment<\/h2>\n<p>Santiment suggested that this was a positive shift in trader attention, which is \u201cgenerally a sign of a more stable and sustainable market environment.\u201d<\/p>\n<p>Meme coins, which are driven by \u201chype, viral trends, and a gambling mindset rather than fundamental value,\u201d signal a phase of \u201cexcess greed where traders chase rapid, short-term gains without considering long-term viability,\u201d it said.<\/p>\n<p>Bitcoin and layer-1 networks represent the <a href=\"https:\/\/cryptopotato.com\/xrp-lawyer-john-deaton-meme-coins-threaten-cryptos-legitimacy\/\" data-wpel-link=\"internal\">foundational infrastructure<\/a> of the crypto space, it said before adding that \u201cincreased focus on these assets usually reflects a more mature and informed approach by the community, which prioritizes security, innovation, and real-world adoption.\u201d<\/p>\n<blockquote>\n<p>\u201cWhen traders pivot back to assets with strong utility and established market positions, it suggests a healthier market cycle.\u201d<\/p>\n<\/blockquote>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">The crypto community has largely shifted their attention to Bitcoin and other Layer 1 assets like Ethereum, Solana, Toncoin, and Cardano. Collectively, the top Layer 1 assets are getting 44.2% of discussions among specific coins. Meanwhile, top meme coins like Dogecoin, Shiba\u2026 <a href=\"https:\/\/t.co\/PpBjD9vSi4\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/PpBjD9vSi4<\/a><\/p>\n<p>\u2014 Santiment (@santimentfeed) <a href=\"https:\/\/twitter.com\/santimentfeed\/status\/1889065568101413148?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">February 10, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Santiment concluded that the positive sentiment shift encourages a more balanced ecosystem, reducing the risk of \u201cspeculative mania,\u201d while the decreased discussion rates for meme coins show that we are in a \u201chealthy cool-down\u201d period.<\/p>\n<p>Recent meme coin mania was fueled by the launch of Donald Trump\u2019s <a href=\"https:\/\/cryptopotato.com\/former-coinbase-cto-warns-against-hype-as-trump-meme-coins-ignite-market-criticism\/\" data-wpel-link=\"internal\">namesake coin<\/a> (TRUMP) in mid-January. The token, which has no utility whatsoever, surged to around $73 before crashing by 78% to current levels around $16 just three weeks later.<\/p>\n<h2>Crypto Market Outlook<\/h2>\n<p>Crypto markets are showing slim signs of recovery today, with total market capitalization up marginally to $3.35 trillion.<\/p>\n<p>Bitcoin has led the way as usual reclaiming $98,000 during the Tuesday morning Asian trading session. However, it has still been down-trending since its Jan. 20 all-time high.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/hashtag\/BTC?src=hash&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">#BTC<\/a><\/p>\n<p>This Bitcoin cycle has been a story of Re-Accumulation Ranges<\/p>\n<p>And as has been the case throughout the cycle\u2026<\/p>\n<p>Any downside deviations below the Range Low (green) will represent outsized bargain opportunities for Bitcoin<a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$BTC<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Crypto?src=hash&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">#Crypto<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">#Bitcoin<\/a> <a href=\"https:\/\/t.co\/kfS48DYzbr\" data-wpel-link=\"external\" target=\"_blank\">https:\/\/t.co\/kfS48DYzbr<\/a> <a href=\"https:\/\/t.co\/wJ5i3NBnly\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/wJ5i3NBnly<\/a><\/p>\n<p>\u2014 Rekt Capital (@rektcapital) <a href=\"https:\/\/twitter.com\/rektcapital\/status\/1889011952808312883?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">February 10, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/could-ethereum-be-primed-for-a-massive-short-squeeze\/\" data-wpel-link=\"internal\">Ethereum<\/a> returned to $2,700 but remains severely weakened and continues to lose ground against BTC. ETH needs to clear resistance at $3,100 to show any real recovery signals.<\/p>\n<p>Altcoins were faring a little better, with XRP, BNB, and DOGE making larger gains and ADA surging 14% following a spot ETF application from Grayscale.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/attention-shifts-to-top-crypto-assets-as-meme-coin-mania-fades-santiment\/\" rel=\"nofollow\">Attention Shifts to Top Crypto Assets as Meme Coin Mania Fades: Santiment<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u201cThe crypto community has largely shifted their attention to Bitcoin and other layer-1 assets like Ethereum, Solana, Toncoin, and Cardano,\u201d reported Santiment on Feb. 11. It added that, collectively, the top L1 assets are getting 44% of discussions among specific cryptocurrencies, while top meme coins like Dogecoin, Shiba Inu, and Pepe are being discussed less [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-12398","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/12398","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12398"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/12398\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12398"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12398"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12398"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}