🪙 MEMECOIN “DEATH” NARRATIVE MAY BE THE REAL BOTTOM SIGNAL

And here’s where it gets interesting…

On-chain data from Santiment shows traders are declaring #memecoin “permanently dead” — the kind of emotional capitulation that historically appears near market bottoms.

When the crowd fully gives up, markets tend to do the opposite. Extreme pessimism often sets the stage for sharp reversals.

Every cycle, retail loses conviction right before liquidity quietly rotates. Narratives shift, influencers go silent, timelines turn hostile — and just when everyone agrees “it’s over,” price structure starts rebuilding. Some believe large players prefer maximum disbelief before repositioning.

Is the “memecoin extinction” story organic sentiment… or the final shakeout before rotation begins?

#CPIWatch