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The famous on-chain analysis platform Santiment warned investors to be careful about MemeCoins.
Santiment released a post yesterday in which it commented on recent MemeCoin hype.
Recently, MemeCoins have been garnering significant interest and the risk of investors succumbing to FOMO (Fear Of Missing Out) has increased.
Furthermore, among those rallying are Pepe (PEPE) returning 152%, dogwifhat (WIF) returning 95%, and Floki (FLOKI) returning 55%.
Therefore, it is important for investors to take this warning from Santiment into consideration. In addition, the famous analysis platform added to its remarks that investors should not be greedy.
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