“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%.”
Related posts
-
Shiba Inu Rallies 34%, But Will FOMO End The Rally?
Data shows metrics related to Shiba Inu have seen rapid growth alongside the meme coin’s 34%... -
Shiba Inu Breakout Eyes $0.00002631 Level After Rallying Over 19%
Shiba Inu is experiencing a notable price breakout, surging over 19% and positioning itself toward the... -
Shiba Inu Price Rockets 20%, Brett and Pepe Also Pumping – Time to Buy Meme Coins?
The meme coin market is heating up again, with...