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Major Meme-Market Trading Falls 15.3% to About $226 Million

Solana represented 53.1% of the total, while Arc posted the largest daily increase at 44.7%.

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Three metal discs rest on descending red steps / TokenPost.ai
Three metal discs rest on descending red steps / TokenPost.ai

Trading across major meme markets fell 15.3% to about $226 million in the latest 24-hour reading dated Oct. 20, with Solana accounting for more than half of the total.

Solana recorded about $120 million, equal to 53.1% of volume. The Robinhood market had about $75.45 million, or 33.3%, while BNB had about $20.2 million, or 8.9%. Together, the three markets made up 95.3% of the total.

Arc posted the largest increase among major markets, with volume up 44.7% from the previous day. PONS, UHI and cirBTC were the leading projects by volume.

The latest total remained below an Oct. 8 reading of about $308 million.

Enna Lee

Reporter

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

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