Dogecoin Community Exploration
Discover the deeper value of dogecoin and the latest developments of dogecoin whales.
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Jun / 21
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- Meme Coins Hit New Liquidity Highs: Kaiko Reports $128M Liquidity Surge
- Jun 21, 2024 at 09:39 pm CoinPedia News
- Meme coins, known for their popularity and volatility, have experienced a surge in liquidity, reaching a record $128 million according to Kaiko. This increased liquidity has led to tighter bid-ask spreads, facilitating seamless trading and potentially lowering transaction costs. Despite the growth, bid-ask spreads remain above 2 basis points, indicating continued risk and volatility in these markets.
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Mar / 14
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- Shiba Inu Flips Dogecoin and Solana in Weekly Trading Volume: Kaiko
- Mar 13, 2024 at 10:59 pm Coingape News Media
- Shiba Inu (SHIB) has recently surpassed both Dogecoin (DOGE) and Solana (SOL) in weekly trade volume, reaching a remarkable $31 billion. Despite the highly volatile nature of meme coins, Shiba Inu has garnered substantial demand, contributing to the surge in meme coin trading volume, which has exceeded $80 billion. While DOGE remains the market leader in meme coins, Shiba Inu has outpaced it in recent weekly trading volume.
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