| Time | Details |
|---|---|
| 2024-08-01 15:30 |
Memecoins Dominate Top Derivative Instruments by Open Interest
According to @CCData_io, $DOGE, $PEPE, $WIF, and $BONK were among the top 10 derivative instruments by open interest on six major derivatives exchanges yesterday. This trend highlights the substantial growth in liquidity for memecoin pairs on centralized exchanges, driven by significant increases in trading volumes and open interest. (Source) |
| 2024-09-02 03:42 |
Significant Decline in Top 10 MEMEcoins Over the Past Year
According to Lookonchain, the top 10 MEMEcoins have experienced a significant average decline of 63.73% from their peak values over the past year. Specific declines include DOGE (-57.93%), SHIB (-70.86%), PEPE (-58.16%), WIF (-70.93%), BONK (-64.63%), FLOKI (-65.97%), BRETT (-62.59%), POPCAT (-43.77%), BOME (-79.48%), and MEW (-62.99%). This trend indicates a substantial bearish movement in the MEMEcoin market, which traders should consider when making investment decisions. (Source) |