FOMO

Shiba Inu

Grayscale Bitcoin Trust

Pyth Network

<p>Leading on-chain analytics provider <strong>Santiment</strong> <a href="https://twitter.com/santimentfeed/status/1762548671915413969" target="_blank" rel="noreferrer noopener nofollow">cautions</a> that the abrupt rebound across speculative meme coins like PEPE, Floki, and WIF warrants caution signs for the broader cryptocurrency market outlook.</p> 
<p>Alongside the explosive rally by non-fundamental dog coins, record Bitcoin ETF volume hint overeager bulls could face harsh pullbacks if momentum stalls.</p> 
<figure class="wp-block-image size-large">
 <img loading="lazy" decoding="async" width="1024" height="774" src="https://captainaltcoin.com/wp-content/uploads/2024/02/image-1035-1024x774.png" alt="" class="wp-image-444919" srcset="https://captainaltcoin.com/wp-content/uploads/2024/02/image-1035-1024x774.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1035-300x227.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1035-768x580.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1035-1536x1160.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1035-2048x1547.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1035-199x150.png 199w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1035-100x76.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1035-463x350.png 463w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1035-788x595.png 788w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<p><em>Source: <strong><a class="thirstylink" rel="nofollow" target="_blank" title="Santiment" href="https://captainaltcoin.com/go/santiment/" data-shortcode="true">Santiment – Start using it today</a></strong></em></p> 
<h2 class="wp-block-heading" id="meme-coin-fever-returns-alongside-bitcoin-s-59k-push">Meme Coin Fever Returns Alongside Bitcoin’s $59k Push</h2> 
<p>Santiment flags concerning parallels emerging as Bitcoin powered to its highest levels in over 15 months this week, approaching the psychologically notable $60,000 threshold – only for meme tokens like PEPE and Wifedoge to concurrently gain significant traction.</p> 
<p><strong>“<a class="wpil_keyword_link" href="https://captainaltcoin.com/meme-coins/" title="Meme" data-wpil-keyword-link="linked" target="_blank">Meme</a> coins are gaining significant increased traction and market cap growth on an otherwise flat Tuesday,” </strong>the researchers noted Tuesday, listing PEPE up 63%, Floki climbing 44%, and WIF surging 43% on the day against modest moves elsewhere.</p> 
<p>According to Santiment’s findings during past market cycles, sharp diversion of capital from Bitcoin into extremely speculative derivative assets often marked exhaustion turning points – making the developments this week a ‘caution flag’ worth monitoring closely.</p> 
<h2 class="wp-block-heading" id="record-outflows-from-bitcoin-investment-trusts">Record Outflows from Bitcoin Investment Trusts</h2> 
<figure class="wp-block-image size-large">
 <img loading="lazy" decoding="async" width="1024" height="705" src="https://captainaltcoin.com/wp-content/uploads/2024/02/image-1034-1024x705.png" alt="" class="wp-image-444911" srcset="https://captainaltcoin.com/wp-content/uploads/2024/02/image-1034-1024x705.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1034-300x207.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1034-768x529.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1034-1536x1058.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1034-2048x1411.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1034-218x150.png 218w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1034-100x69.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1034-508x350.png 508w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1034-788x542.png 788w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<p>Santiment also <a href="https://twitter.com/santimentfeed/status/1762743871606526084" target="_blank" rel="noreferrer noopener nofollow">highlights</a> the Grayscale Bitcoin Trust (GBTC) posting consecutive all-time high daily outflows this week above $7.64 billion, indicating holders are urgently redeploying exposure elsewhere. Similar dynamics plagued GBTC, leading to previous bear trends.</p> 
<p><strong>“Speculated to largely be contributed to investors’ combined FOMO and profit taking surrounding Bitcoin breaking new 2-year high market values this week…”</strong></p>  
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0">
  <i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Transform Hundreds Into Millions With the Magic of Memecoins – think $BONK, but bigger!
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;">
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style> 
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px"> 
    <p>The key? Getting in early, especially during the IDO phase. <strong><a href="https://captainaltcoin.com/go/ll_inside/" target="_blank">Get in on NuggetRush</a></strong> now! This innovative memecoin blends play-to-earn gaming with real-world gold mining. Join soon to take advantage of the<strong><a href="https://captainaltcoin.com/go/ll_inside/" target="_blank"> current ICO prices</a></strong>!</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div> 
 </div>
</div> 
<p>If the goal proves rotating short-term gains into lagging small caps like meme tokens in hopes of igniting a bull run, history shows retail’s actions could badly backfire if Bitcoin sentiment flips bearish.</p> 
<p>Thus, Santiment cautions on the troubling signs of overextension and greed across areas like meme tokens, just as layers of resistance overhead look to challenge Bitcoin’s ascent, threatening a swift mood change if unsupported buying dries up.</p> 
<p>You may also be interested in:</p> 
<ul> 
 <li><a href="https://captainaltcoin.com/expert-urges-caution-on-long-term-meme-coin-holdings-dogecoin-shiba-inu-and-others/" target="_blank" rel="noreferrer noopener">Expert Urges Caution on Long-Term Meme Coin Holdings; Dogecoin (DOGE), Shiba Inu (SHIB), and Others</a></li> 
 <li><a href="https://captainaltcoin.com/stacks-stx-and-pyth-network-pyth-prices-pumping-heres-why/" target="_blank" rel="noreferrer noopener">Stacks (STX) and Pyth Network (PYTH) Prices Pumping – Here’s Why</a></li> 
 <li><a href="https://captainaltcoin.com/xrp-price-faces-downward-pressure-investors-turn-to-bdag-and-pushd/" target="_blank" rel="noreferrer noopener">SEC vs Ripple Lawsuit Prompts Investors to Turn Towards BlockDAG’s $2M Presale</a></li> 
</ul> 
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style=""> 
 <div class="col_wrap_two mb0"> 
  <div class="offerbox_big_wrap flowhidden"> 
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/Copy-of-P2P-Review-17-qi3pqhl3pi3mlojv8nq0upz5rcb68rblc7kuvhcaou.png" width="500" alt="Check NuggetRush ($NUGX)" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a> 
   </div> 
   <div class="product-summary col_item mobileblockdisplay"> 
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-nofollow-sponsored-span-check-nuggetrush-nugx-span-a"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <span>Check NuggetRush ($NUGX)</span> </a> </h3> 
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div> 
    <div class="buttons_col mb25 rh_big_btn_inline"> 
     <div class="priced_block clearfix"> 
      <div> <a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> Buy NUGX Today </a> 
      </div> 
     </div> 
    </div> 
    <div class="bigofferdesc">
     <i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Being in its <strong>ICO stage</strong>, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>A unique <strong>play-to-earn</strong> gaming platform in the memecoin market
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>The platform combines artisanal and <strong>gold mining</strong> with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Fosters a strong <strong>community </strong>by encouraging physical meetups among members
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i><strong>NFT</strong> Integration with Prominent Characters
    </div> 
   </div> 
  </div> 
 </div> 
</div> 
<p>The post <a href="https://captainaltcoin.com/fomo-towards-pepe-and-these-meme-coins-raises-caution-flag-for-crypto-markets-warns-analyst/">FOMO Towards PEPE and These Meme Coins Raises Caution Flag for Crypto Markets, Warns Analyst</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

FOMO Towards PEPE and These Meme Coins Raises Caution Flag for Crypto Markets, Warns Analyst

目次

CaptainAltcoin

2024年2月28日公開の他の記事

Exec urges JPMorgan CEO to ‘do more homework’ on Bitcoin

DOT Price Prediction: DOT Witnesses Pullback, Can It Reach $10?

Leading Meme Coin $WSM Price Skyrockets 75% Intraday Ahead Of Wall Street Memes 100m Token Burn E...

VanEck Launches NFT and Cryptocurrency Platform Initiative

DappRadar partnership with Aleph Zero

XRP Lawsuit: SEC Requests Change To Remedies Briefing Deadlines

ニュースレターを購読して暗号資産の最新情報を毎日入手！