According to Paolo Ardoino on Twitter, the recent surge in Bitcoin memes is reflecting heightened trader sentiment and increased retail engagement as observed on May 21, 2025 (source: @paoloardoino). Historically, spikes in meme activity have correlated with short-term volatility and trading volume increases in BTC markets (source: Glassnode, Santiment). Traders should monitor social sentiment indicators as they can signal potential momentum shifts, especially when meme trends gain traction across crypto communities.