SOL - Shiba Inu PEPE Floki Bonk Ride Epic Bitcoin Rally With 3000% Surge In Weekly Trading Volumes | Benzinga
Memecoins such as Shiba Inu (CRYPTO: SHIB), PEPE (CRYPTO: PEPE), Floki (CRYPTO: FLOKI), and BONK (CRYPTO: BONK) are rallying, with prices rocketing.
What Happened: The analytics platform Santiment reports that these memecoins have witnessed an average trading volume increase of over 3,000% in the last seven days.
"#Memecoins, particularly those that have been trending over the past week, have skyrocketed in trading volume due to surging prices and increased crowd interest. On average, , , , and has seen volume rise +3,000% in the past week. Consider combining spiking trading volume with spiking social volume as a key volatility and price reversal indicator (whether you are awaiting a top or bottom) for any asset, memecoin or ...