Meme coin "surrender signal" emerges: 30-day market cap evaporated by 34%, Santiment hints at an upcoming reversal

MEME-3,36%
BTC-2,05%
PIPPIN-37,2%
TRUMP-4,29%

February 14 News, the cryptocurrency sentiment platform Santiment recently pointed out that the Meme coin sector is currently showing “classic capitulation signals,” with market pessimism rapidly accumulating, potentially setting the stage for a reversal. Santiment stated that discussions on social platforms about “the end of the Meme coin era” have noticeably increased, and when a sector is collectively denied, it often marks the beginning of contrarian capital starting to position.

Data shows that over the past 30 days, the overall market cap of Memecoins has decreased by 34.04%, falling to approximately $31 billion. During the same period, Bitcoin briefly approached the $60,000 mark in early February, intensifying selling pressure on high-risk assets. Among the top 100 cryptocurrencies by market cap, most Meme coins performed weakly, with only a few experiencing short-term surges, including Pippin, which saw a weekly increase of over 240%, while TRUMP and SHIB also had relatively limited gains, indicating that market sentiment remains cautious.

Santiment further noted that when the public generally “loses confidence” in a sector, it often means selling pressure has been fully released, making technical rebounds more likely. The organization recommends paying close attention to overlooked asset groups, as “the greatest pain phase” often corresponds to a cyclical bottom.

Meanwhile, the traditional capital rotation logic is also changing. Historically, markets expected that after Bitcoin reaches new highs, funds would flow sequentially into Ethereum and altcoins. However, with increased institutional participation, this pattern may no longer fully apply. Craig Cobb, founder of The Grow Me, previously pointed out that future altcoin markets will be more selective and no longer experience broad rallies.

Social platform sentiment indicators also show that bearish comments significantly outnumber bullish ones. Santiment believes that persistent skepticism may actually support subsequent recovery phases. For investors monitoring meme coins and crypto market cycles, the current period may be a critical turning point in sentiment and price.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Gold and silver drop more than 2.9%, BTC volatility index BVIX decreases by 2.1%

On March 18th, gold and silver prices fell to $4,855.69 per ounce and $76.647 per ounce respectively, with intraday declines of 2.99% and 3.29%. Cryptocurrency market volatility decreased slightly, while the US dollar strengthened against the offshore Chinese yuan and Japanese yen. Global stock indices generally declined, and crude oil prices rose.

GateNews3m ago

Connecticut Bank Suspends Bitcoin Depot Operations Due to Worsening 2026 Revenue Outlook

Bitcoin Depot faces legal pressures as its stock plummets and revenue forecasts weaken. Connecticut regulators suspended its money transfer license for violations, while lawsuits in multiple states add to the challenges. Revenue increased to $19,283,746,565,748,392.01 million in 2025, but net profit declined, and a 30–40% drop is expected for 2026.

TapChiBitcoin44m ago

Bitcoin falls to $72,300 as Middle East tensions escalate coupled with US inflation data exceeding expectations

On March 18, Bitcoin price retreated to $72,300, declining approximately 2%. Ethereum, Solana, and XRP experienced declines close to 3%. U.S. President Trump took a hardline stance toward Iran, with geopolitical tensions driving WTI crude oil prices higher. U.S. February PPI data exceeded expectations, with markets focusing on the Federal Reserve's interest rate decision and Powell's remarks.

GateNews1h ago

After PPI Data Release, US Stock Futures Turn to Pre-market Lows, Crypto Concept Stocks Decline Broadly

On March 18, after the PPI data was released, the three major U.S. stock index futures fell, and crypto concept stocks broadly declined, with multiple stocks such as Strategy, CEX, and MARA experiencing varying degrees of losses.

GateNews1h ago

Kasplex Ecosystem Meme Project SOMPI Market Cap Surpasses $20 Million

Gate News report: On March 18, ALPH.AI data showed that Kasplex ecosystem Meme project SOMPI's market cap has broken through $20 million. The project was launched by Kasplex L2 Meme launch platform Kas.fun, making it the platform's third listed project. Meanwhile, Kaspa (KAS) rose more than 10% on the same day.

GateNews1h ago

Crypto Sector Holds Steady Amid Neutral Sentiment

The crypto market shows mixed results with a $2.54T cap, as Bitcoin dips 0.13% and Ethereum rises 0.61%. Notable gainers include $TRUMP, $IDOS, and $MAGA. DeFi and NFT markets also see significant activity, while regulatory developments emerge from the SEC and CFTC.

BlockChainReporter2h ago
Comment
0/400
TikiTikivip
· 02-17 15:39
xrp $0.3👍
Reply0