X @Unipcs (aka 'Bonk Guy') 🎒

Market Sentiment - Memecoin dominance is near all-time lows, even worse than during the 2022-2023 bear market [1] - Current sentiment towards memecoins is extremely negative, with many major memecoins down 80-99% [1] - The current negative sentiment and significant price drops create a setup for a potential memecoin market rally [1] Historical Performance - Past memecoin rallies have been explosive, with examples including PEPE rallying 2,500%, WIF rallying 1,600%, FLOKI rallying 1,000%, and BONK rallying 440% [2] - A similar situation occurred in February 2024, followed by a significant memecoin rally [1]