Meme coin trading with the USD1 pair surges

robot
Abstract generation in progress

According to data from TKVResearch, since May 21, the trading ratio of meme coin through USD1 pairs has risen to the sky from 50% to nearly 90% of the total volume of transactions.

Notably, the majority of the volume and number of holders of the USD1 pairs come from the BUILDon – B platform, contributing over 90% of the daily trading volume and 24.8% of the total number of holders.

The report also shows that more than 50% of traders have taken profits, indicating that the trend of speculating on meme coins above USD1 is bringing profits to the majority of participants.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Share
Comment
0/400
GateUser-d69b198dvip
· 05-28 13:31
Just go for it💪
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)