Markets· ★★· bearish·

Top memecoin marketplaces see trading volume drop 14.7% to $262M

  • —Combined 24-hour volume across three memecoin venues totaled $262M, down 14.7%
  • —Solana-based markets took 52.3% of the total at $137M
  • —Robinhood venues handled $88.32M (33.7%), BNB venues $27.02M (10.3%)
  • —BNB venues saw the smallest decline at 5.6%, led by FTR, PONS and FOLIO
Why it matters: Falling turnover on memecoin venues points to cooling retail speculative demand on Solana and BNB Chain.
Source: TokenPost