Sentiment data platform Santiment stated in its latest report that the total market cap of Memecoins has dropped by approximately 34% over the past 30 days to around $31 billion. The market's collective pessimistic narrative that 'the meme era is over' is gaining traction. Santiment believes this 'completely doomed' atmosphere is a typical capitulation signal, which historically often corresponds to the emergence of a temporary bottom. It's important to watch out for potential reversal risks following extreme consensus in sentiment. (Cointelegraph) https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=56751