Site icon UK Stocks, Forex, Commodities, Crypto, Live Market News- Daily Forex News

Meme Coin Institutional Holdings Surged Since January, Led by Dogecoin, Shiba Inu, Pepe

“This suggests that while both groups view DOGE as a staple asset within the memecoin space, institutions favor it more, perhaps due to its higher liquidity and relative stability,” Bybit said. “Both cohorts also enjoy Ethereum-based memecoins (PEPE) and (SHIB), with retail users holding 20.95% and 14.61% respectively, compared to institutions’ 22.23% and 10.39%.”

www.coindesk.com

Exit mobile version