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Bybit Report Shows Growing Popularity of Meme Coins Among Institutional and Retail Investors

Started by Bitcoin, Jun 05, 2024, 06:23 am

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Bybit Report Shows Growing Popularity of Meme Coins Among Institutional and Retail Investors

Bybit Report Shows Growing Popularity of Meme Coins Among Institutional and Retail InvestorsA 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 […]

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