Santiment Said Leave Meme Coins: "Focus on Bitcoin and These Altcoins" - Coin Bulletin

The frenzy of meme coins in the crypto market is giving way to more stable and long-term assets, with Bitcoin (BTC) and major Layer-1 projects resurging on social media.

According to the latest data, investors are focusing more on Layer-1 projects such as Bitcoin, Ethereum (ETH), Solana (SOL), Toncoin (TON), and Cardano (ADA). According to on-chain analysis platform Santiment, these major projects account for 44.2% of the total coin discussions, while popular meme coins like Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) only have a 4% share.

From speculation to real value

Meme coins generally become popular with the influence of speculative profit seeking and social media trends. However, Bitcoin and Layer-1 projects offer a more solid investment environment because they establish the infrastructure of the crypto ecosystem. According to Santiment, this shift signals that the market is entering a healthier cycle.

This trend shows that investors are moving away from chasing hype and short-term gains, and turning to long-term projects. Layer-1 blockchains provide strong use cases in fundamental areas such as smart contracts, decentralized applications [dApps], and scalability, contributing to the market's sustainable growth.

(# Great activity in Bitcoin and Ethereum

However, according to Santiment's data, there has been a significant outflow in Ethereum. On February 8-9, 224,410 ETH was withdrawn from exchanges, which was recorded as one of the largest outflows in the past two years. This movement is considered as an important sign indicating investors' long-term confidence.

On the Bitcoin side, it is stated that 14 thousand old Bitcoins have been activated. However, these assets have not been transferred to exchanges, so the likelihood of creating sudden selling pressure seems low.

These developments indicate that there is more stability in the market and a strengthened understanding of long-term investment. For those following the future of the crypto market, Bitcoin and major Layer-1 projects have once again become the center of attention.