Memecoin trading spikes briefly as traders cash in, say analysts

Memecoin traders appeared to be locking in profit

Memecoin trading spikes briefly as traders cash in, say analysts

Memecoin trading spikes briefly as traders cash in, say analysts

Memecoin traders appeared to be locking in profits on Monday after a strong start to the year, according to analysts, with memecoin trading volumes spiking while memecoin marketcap fell.

Memecoin trading volume increased to $5.62 billion on Monday, rising 106% from a day earlier. Source:
There was a jump in social media chatter around memecoins on Monday. Source:
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