The post Shiba Inu Surpasses DOGE and Solana in Weekly Trade Volume Amid Meme Coin Frenzy appeared first on Coinpedia Fintech News
Among the altcoins market, the Shiba Inu (SHIB) has taken the lead and exceeded the weekly trade volume of both Dogecoin (DOGE) and Solana (SOL). Additionally, the skyrocketing of SHIB’s trading activity is heading parallel with the meme coin mania, where more people are coming to invest in these promising currencies that offer investors the opportunity to make amazing returns.
SHIB Leads Weekly Trade Volume
Records from Kaiko show the trading volume of Shiba Inu hit a mind-blowing figure of $31 billion per week which was way more enormous than the $23 billion raked up by Dogecoin in the same period. This huge increase in the trade volume of SHIB also made it the highest in a league of other large altcoins among them Solana.
The entire meme coins market had an unparalleled rise in the volume of trading which culminated in a great $80 billion.
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