Shiba Inu Beats Solana, Dogecoin with Record-Breaking $31B Weekly Volume
- The meme coin market cracked a multi-year record in weekly trading volume amid explosive rallies.
- Shiba Inu led the meme coin market with a weekly trading volume of $31 billion.
- Shiba Inu’s trading volume last week surpassed the DOGE figures and Solana.
New statistics have shown Shiba Inu (SHIB) led the meme coin landscape in trading volume as the market cracked a multi-year record in weekly trading volume amid explosive rallies.
In a post on X, data analytic firm Kaiko recently called attention to this trend. Kaiko disclosed that meme-inspired crypto tokens have experienced significant growth in recent weeks, with weekly trade volume reaching $80 billion, a valuation not seen in years.
— Kaiko (@KaikoData) March 13, 2024
#Meme tokens have seen outsized gains over the past weeks with weekly trade volume hitting a multi-year high of nearly $80bn.
#SHIB saw the largest volumes at $31bn last week surpassing the market’s leader #DOGE ($23bn) and other large cap non-meme altcoins such as #SOL. pic.twitter.com/nBz9G7JqPh
Furthermore, Kaiko revealed that Shiba Inu witnessed a commanding trade volume of $31 billion. Additionally, the report noted that SHI…
The post Shiba Inu Beats Solana, Dogecoin with Record-Breaking $31B Weekly Volume appeared first on Coin Edition.
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Shiba Inu Beats Solana, Dogecoin with Record-Breaking $31B Weekly Volume
- The meme coin market cracked a multi-year record in weekly trading volume amid explosive rallies.
- Shiba Inu led the meme coin market with a weekly trading volume of $31 billion.
- Shiba Inu’s trading volume last week surpassed the DOGE figures and Solana.
New statistics have shown Shiba Inu (SHIB) led the meme coin landscape in trading volume as the market cracked a multi-year record in weekly trading volume amid explosive rallies.
In a post on X, data analytic firm Kaiko recently called attention to this trend. Kaiko disclosed that meme-inspired crypto tokens have experienced significant growth in recent weeks, with weekly trade volume reaching $80 billion, a valuation not seen in years.
— Kaiko (@KaikoData) March 13, 2024
Furthermore, Kaiko revealed that Shiba Inu witnessed a commanding trade volume of $31 billion. Additionally, the report noted that SHI…
The post Shiba Inu Beats Solana, Dogecoin with Record-Breaking $31B Weekly Volume appeared first on Coin Edition.
Read More