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

MEME2.85%
BTC4.47%
PIPPIN15.86%
TRUMP4.87%

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.

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