😹🐶 Meme coins have undoubtedly netted the best returns over the past week for traders with DOGE (+96%), PEPE (+97%), WIF (+67%), & BONK (+67%) leading the way.

Historically high speculative asset social dominance typically indicates greed and emotional trading. Be cautious while memes are the main cryptocurrency topic of interest across X, Reddit, Telegram, 4Chan, and BitcoinTalk.

📺 In our latest video, we chat with ThinkingCrypto about the week of pumps. How does Bitcoin's health look now that 'Uptober' looks like a thing again? And what's up with memecoins, Sui, Aptos, and other altcoins?

🐶🤕 Meme coins like Dogecoin (+12%) and Bonk (+13%) have been major stories Wednesday, with spikes in prices across the sector. Speculative assets continue churning as Bitcoin profits get redistributed. Altcoins can continue to grow as long as crowd FOMO doesn't get in the way.

😺🐶 #ShibaInu (+12% in 3 days) & #DogWifHat (+30% in 3 days) are the top trending crypto tokens, with rising volume support. Meme coins are staying very relevant to traders while top caps range. You can expect to see big FOMO tops and big FUD bottoms with these kinds of coins.

The #Solana ecosystem has had a big week, with rising assets like $WIF (+8.9%) & $JUP (+7.9%) continuing their runs Saturday. As for $SOL itself, it nearly eclipsed $200 for the first time since 2021. Enjoy our dedicated watchlist for this sector here!

📊 As #Bitcoin attempts to rebound following its largest sustained dip in over 5 months, traders have been increasingly focused on the challenges behind holding $BTC in cold storage, via #ETF's, and through various borrowing options.

Also seeing an increasing amount of narratives heading into the weekend, the major #memecoin market cap drops are showing polarized views. Some are still quite euphoric about the freedom and "wild west" concept behind them, while other traders are showing skepticism toward the facade behind them, and potential scams associated with them and the #cryptocurrency markets.

Check out the entirely free Santiment dashboard that is constantly auto-generating the highest topics and frequencies of discussion behind them. Stay in tune with what is driving the markets with this dashboard.

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📉 #Bitcoin has dropped below $68K for the first time since March 8th, and #altcoins have bled significantly as a result. Other than a few anomaly risers like $SOL and $WIF, most notable assets are now being discussed in terms of their prospects for #buyingthedip or #panicselling. Historically, a fair amount of #FUD will be the best crowd reaction to justify a quick #crypto market bounce.

This linked Santiment screener here can be used to filter for assets that have dipped the most over different intervals of time, or you can see which assets traders have turned the most negative toward.

#Memecoins had another big day as #Bitcoin's #AllTimeHigh notched above $73.6K. With each $BTC rise in March, it appears profits are quickly being redistributed to speculative assets with low liquidity. Track #memecoin metrics on this useful watchlist.