Title: Bybit Report Shows Growing Popularity of Meme Coins Among Institutional and Retail Investors
Post by: Bitcoin on Jun 05, 2024, 06:23 am
Post by: Bitcoin on Jun 05, 2024, 06:23 am
Bybit Report Shows Growing Popularity of Meme Coins Among Institutional and Retail Investors
A new report by crypto exchange Bybit shows that meme coins are becoming significant components of crypto portfolios. Institutional meme coin holdings surged 226% from February to March while retail meme coin holdings spiked 478% from February to April. However, they “aggressively sold off” their meme coins when market sentiment soured. ‘We Saw a Large […]
Source: Bybit Report Shows Growing Popularity of Meme Coins Among Institutional and Retail Investors (https://news.bitcoin.com/bybit-report-shows-growing-popularity-of-meme-coins-among-institutional-and-retail-investors/)
A new report by crypto exchange Bybit shows that meme coins are becoming significant components of crypto portfolios. Institutional meme coin holdings surged 226% from February to March while retail meme coin holdings spiked 478% from February to April. However, they “aggressively sold off” their meme coins when market sentiment soured. ‘We Saw a Large […]Source: Bybit Report Shows Growing Popularity of Meme Coins Among Institutional and Retail Investors (https://news.bitcoin.com/bybit-report-shows-growing-popularity-of-meme-coins-among-institutional-and-retail-investors/)