Memecoin Tradins Volume Has Historically Risen as Altcoin Redistribution Hasn't Slowed Down
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📈 #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, $SHIB, $PEPE, $FLOKI, and $BONK have 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 otherwise.
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