Published On Jun 22, 2024
Meme coins’ liquidity has surged to record highs according to data tracked by Kaiko. The increase in liquidity, which is measured by 1% market depth, suggests ease in executing orders and stable prices. Nevertheless, the bid-ask spreads for meme coins remain elevated, indicating that the tokens are still considered relatively risky. CoinDesk's Jennifer Sanasie presents "Chart of the Day."
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