Online chatter about memecoins has surged to a record high, signaling a renewed surge in speculative trading activity among cryptocurrency investors. According to blockchain analytics firm Santiment, this shift follows a period of market focus on Bitcoin and layer-one protocols during recent volatility driven by U.S. tariff announcements. Now, high-cap memecoins are dominating crypto conversations, demonstrating traders’ preference for short-term gains over long-term strategies. The trend highlights the increasing desire to capitalize on volatile markets. 7% growth in Bitcoin over the past eight days suggests a shift away from stable assets towards riskier investments, according to Santiment analysts. Brian Quinlivan, marketing director at Santiment, explains that high-risk tokens are experiencing increased discussion, reflecting a growing preference for speculative plays. Dogecoin (DOGE) has seen a resurgence in positive sentiment following a period of decline throughout April. This revival coincides with several DOGE ETF applications filed in the U.S., sparking optimism despite regulatory delays from the SEC. Meanwhile, PumpSwap, a decentralized exchange built on the Pump.Fun platform, has experienced explosive growth, recording $11 billion in monthly trading volume in April – up sharply from $1.7 billion in March. These developments highlight that as Bitcoin stabilizes, traders are increasingly embracing risk to chase larger profits.