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Meme Coin Liquidity Hits Record High $128M Even as Bid-Ask Spread Spotlights Risk

by SB Crypto Guru News
June 21, 2024
in Crypto Updates
Reading Time: 1 min read
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The combined figure for DOGE, SHIB, PEPE, WIF, BONK, GROK, BABYDOGE, FLOKI, MEME, HarryPotterObamaSonic10Inu and HarryPotterObamaSonic, recently rose to $128 million, the data shows. The figure describes the total value of buy and sell orders within a 1% range of the current market price. The deeper the liquidity – that is, the higher the figure – the easier it is to execute large orders at stable prices.



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