Date: Sat, Sept 07, 2024, 10:12 AM GMT
Memecoins continue to make waves in the cryptocurrency world, offering investors the chance to ride the highs and lows of this dynamic market. Recently, data from Lookonchain analytics revealed the top 10 memecoins with the highest liquidity on decentralized exchanges (DEXs), highlighting some surprising contenders.
Here’s the list of the top 10 memecoins by DEX liquidity:
PEPE continues to hold strong, securing its place as one of the top memecoins with a substantial liquidity of $36 million. Known for its vibrant community and meme culture, PEPE has managed to maintain its position despite the fierce competition in the market.
WIF also made a notable appearance on the list, with $21 million in liquidity. This memecoin has been gaining attention recently, outpacing several older coins and proving its potential in the crypto market.
Another standout is Solana-based POPCAT, with $15 million in liquidity. This coin, inspired by the viral “Popcat” meme, has quickly climbed the ranks
These memecoins have shown that they’re not just fleeting trends but serious contenders in the DEX space, with substantial liquidity backing their value. As the market continues to evolve, it will be interesting to see which memecoins manage to stay on top and which new ones might emerge.
For investors, keeping an eye on liquidity can provide valuable insights into which coins are gaining traction and which ones might offer promising returns.