Source: Coindesk.com
Institutional allocations to meme coins have surged over 300% this year, touching a high of almost $300 million in April. The influx highlights professional investors' growing interest in the sector, according to Bybit. Dogecoin and shiba inu were favored for their liquidity, with BONK the most popular new meme coin.
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The post "Meme Coin Institutional Holdings Surged Since January, Led by DOGE, SHIB, PEPE" appeared first here Coindesk.com.
Source: Coindesk.com
