Digital Currency

Add as a preferred source on Google

Three Markets Account for 95.6% of $219 Million Meme-Token Volume

Total volume fell 8% from the previous day. Solana represented 59.1%, while the BNB market posted the strongest daily increase.

Updated 1 min read
An anonymous commuter checks a smartphone on a wet Gangnam sidewalk in Seoul. / EconoTimes.ai
An anonymous commuter checks a smartphone on a wet Gangnam sidewalk in Seoul. / EconoTimes.ai

Trading in major meme-token markets reached about $219 million over the latest 24-hour period, an 8% decline from the previous day, with nearly all reported volume concentrated in three markets.

The BNB market's volume rose 6.5%, the steepest increase among major markets. Solana, Robinhood and BNB together accounted for 95.6% of reported volume. Solana contributed about $129 million, or 59.1%; Robinhood's market recorded $58.35 million (26.7%), and BNB had $21.46 million (9.8%).

An Oct. 21 reading put combined volume at about $272 million, with Solana at 58.7%. The latest figures describe trading volume and market shares, not token price changes.

Related articles

View all