Shiba Inu Beats Solana, Dogecoin with Record-Breaking $31B Weekly Volume

Published 14/03/2024, 11:22
Shiba Inu Beats Solana, Dogecoin with Record-Breaking $31B Weekly Volume
DOGE/USD
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Coin Edition -

  • The meme coin market cracked a multi-year record in weekly trading volume amid explosive rallies.
  • Shiba Inu led the meme coin market with a weekly trading volume of $31 billion.
  • Shiba Inu’s trading volume last week surpassed the DOGE figures and Solana.

New statistics have shown Shiba Inu (SHIB) led the meme coin landscape in trading volume as the market cracked a multi-year record in weekly trading volume amid explosive rallies.

In a post on X, data analytic firm Kaiko recently called attention to this trend. Kaiko disclosed that meme-inspired crypto tokens have experienced significant growth in recent weeks, with weekly trade volume reaching $80 billion, a valuation not seen in years.

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