According to KookCapitalLLC, the current landscape of Crypto Twitter is dominated by traders who have suffered significant losses in meme coins (62%), a large group still anticipating an NFT market resurgence (35%), a small percentage of actual Bitcoin holders (4%), and a minority engaged in social activities (1%). This sentiment snapshot highlights the risks of speculative meme coin trading and the dwindling confidence in NFTs, underscoring a shift in capital towards Bitcoin. Traders should note the increased caution around meme assets and potential rotation of liquidity back to established cryptocurrencies like Bitcoin, as evidenced by recent community trends (source: @KookCapitalLLC, May 7, 2025).

According to @_dexuai, Layer 1 blockchains (L1s) captured nearly 19% of total crypto market mindshare over the past month, signaling strong trader attention and potential volume inflows. Stablecoins ranked third in narrative dominance, underlining their essential role in maintaining liquidity and facilitating trades across exchanges. Other sectors such as data, derivatives, and Layer 2s (L2s) trailed behind but remain on traders’ watchlists for potential future momentum. This trend analysis, as reported by Milk Road on May 5, 2025, highlights where market participants are focusing, which is critical for identifying high-activity assets and adjusting trading strategies accordingly. (Source: @_dexuai via Milk Road)

According to Phantom (@phantom), the most actively swapped tokens in their in-wallet swapper from April 8 to May 4, 2025, excluding SOL and stablecoins, indicate strong user trading preferences and liquidity outside of major assets. This data highlights which altcoins are seeing increased trading volume and user interest on the Phantom platform, providing actionable insights for traders monitoring token momentum and swap trends (source: Phantom Twitter, May 5, 2025).