1 min read
Add as a preferred source on Google

Major Meme-Market Volume Falls 22.3% to About $203 Million

Solana accounted for 57.9% of the total, and its volume decline was the smallest among major markets.

Mentioned assets
Unmarked token medallions descend across a matte charcoal surface / TokenPost.ai
Unmarked token medallions descend across a matte charcoal surface / TokenPost.ai

The Oct. 18 reading put trading volume across major meme-token markets at about $203 million, down 22.3% from the previous 24-hour period.

Solana accounted for about $118 million, or 57.9% of the total. Robinhood recorded $62.88 million, or 30.9%, while BNB reached $19.41 million, or 9.5%.

Solana’s volume fell 14.1%, the smallest decline among the major markets. COVENANT, Gato and PONS topped the project list for the period.

The total was below a previous 24-hour reading of about $240 million.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…