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

June 6, 2024
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Meme Coin Institutional Holdings Surged Since January, Led by Dogecoin, Shiba Inu, Pepe

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“This implies that whereas each teams view DOGE as a staple asset throughout the memecoin area, establishments favor it extra, maybe because of its greater liquidity and relative stability,” Bybit mentioned. “Each cohorts additionally get pleasure from Ethereum-based memecoins (PEPE) and (SHIB), with retail customers holding 20.95% and 14.61% respectively, in comparison with establishments’ 22.23% and 10.39%.”

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