Is Ether’s Social Media Hype A Trap? 💥 Larry David Explains!

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Alright, so Ether’s price is rallying 📈, and everyone’s losing their minds on social media. “Extreme euphoria”? Seriously, what does that even mean? 🤔 Are we talking Coachella levels of excitement here? According to Santiment, this could be a red flag 🚩 for a price correction. You know, like when you buy a fancy gadget and realize it’s just a glorified paperweight two days later. Classic.

But wait, before you panic-sell 🏃‍♂️💨, other indicators suggest Ether’s rally might still have legs. It’s up over 50% in the last 30 days! That’s like hitting a jackpot on a scratch-off ticket 🎰. Santiment says the market hasn’t hit “peak frothiness” yet. Peak frothiness? Are we making lattes ☕️ or trading crypto here?

“Extreme Euphoria” – Or Just Another Crypto Hype Train? 🚂

“Social metrics are flashing warning signs,” Santiment says. Since early May, Ethereum’s price ratio against Bitcoin has surged by 70%. 70%! That’s like going from a Toyota Camry 🚗 to a Tesla 🚀 overnight. Santiment added, “This has led to extreme euphoria and a massive spike in social dominance, which is often a red flag.” Yeah, no kidding 🚩. When everyone’s yelling “BUY NOW!” it’s probably time to hit the brakes 🛑.

Ether’s trading at $3,750 at the time of publication, up 51.84% in the last 30 days. But Santiment says the rally might not be over 🏁. They pointed out that memecoins have low social dominance right now. Seriously, where’s Dogecoin 🐕 when you need it?

“A true marketwide top is often characterized by widespread, irrational speculation,” Santiment said. Irrational speculation? Sounds like every family holiday dinner 🍽️ I’ve ever been to.

Ether Treasury Adoption – The Next Big Thing? 🚀

Meanwhile, corporate treasuries are showing interest in Ether 📈. SharpLink Gaming and Bitmine Immersion Technologies are making big purchases 🛒. Santiment analyst Maksim Balashevich thinks this could be the “Michael Saylor for Ether” narrative. Michael Saylor? The guy who probably bought Bitcoin in the womb 🧠? Sure, why not.

Galaxy Digital CEO Michael Novogratz said on Thursday, “There’s not a lot of supply of ETH, and so I think ETH probably has a chance to outperform Bitcoin in the next three to six months.” Outperform Bitcoin? That’s like saying broccoli 🥦 will outsell pizza 🍕. Good luck with that.

Santiment also issued a warning for Bitcoin on Sunday 📅. Nearly half of all crypto-related mentions on social media last week were about Bitcoin as it hit new highs. Santiment analyst Brian Quinlivan said, “As Bitcoin’s market value crept above $123.1K for the first time in its 17+ year history, there was an equally historic social dominance spike.” Historic? Sounds like my last attempt at grilling 🥩. Smoke everywhere, no actual fire 🔥.

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2025-07-26 09:19