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The gambling mentality returns to the Mimi currency market: Santime

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The “Gambling Mind” returned to the M -currency market with the rise in social feelings around Dukwin (Doug) and the number of Mimi currency tools increased online.

This is, according to Onchain Analytics Santiment, which Bitcoin has again attracts investors “Fomo Fear” while traders are increasingly investing in MeMe currencies only on speculation and short -term gains.

“Discussions online have spread about these highly dangerous symbols with merchants replacing gambling, instead of the calculated investment approach,” said Brian Qinsin, Director of Marketing at Santint on May 1. Blog post.

Mimi currenciesMimi currencies

Curd and investors enter a “greedy” stage while it rises

In this position, Queenvan said that although Bitcoin has led the encryption market in terms of gains during the last eight days of April, the money began to flow into a smaller “more included” encryption. As such, he claimed that investors are entering a “greedy” stage.

He added that after the end of the month at the end of the month and the “side” subsequent circulation, investors began “greater risks in the hope of recording higher returns through more speculative and more dangerous purchases.”

Queenvan said, in particular, the leader of Mimi, witnessed a significant increase in the feelings of the positive crowds.

Despite the US Securities and Stock Exchange Committee (secondHe said that delaying decisions regarding the various investment funds circulating (the exchange funds on the stock exchange) said that investors seem to be in a state of cautious expectation.

Until late April, Dog was a significant decrease in the interest of crowds, but his social hegemony has risen to its highest levels nearly three months, as talks and files surrounding ETF menus increased in Nasdak, Coenvan said.

He said: “Analysts and merchants have noticed a great accumulation by whales, with bullish patterns in the plans, which added to the feeling that Dogecoin may enter a new stage of growth.” “While SEC delays mean that final decisions are still pending, accumulation has created a more optimistic and active mood around the currency than we have seen a long time ago.”

Mimi currency activity rises on pumpswap and pump.fun

Along with the rise of online discussions about Mimi currenciesDevillama Data Trading activity on Pumpswap appears, the decentralized stock exchange launched by Pump.fun increased to $ 11 billion in April from only $ 1.7 billion per month.

Likewise, the POMP.Fun trading activity increased to $ 3.3 billion in April. This increases the $ 2.5 billion trading activity that you saw in March.

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