๐Ÿ”ฅHot off the press: Trading meme coins like DOGE, SHIB, PEPE, and even HarryPotterObamaSonic10Inu (yes, that's a thing) is easier than ever, thanks to record liquidity levels! ๐Ÿ’ฆ๐Ÿ’ฐ

But hold your horses! ๐ŸŽ Despite this, bid-ask spreads remain high, indicating these tokens are still seen as risky. ๐ŸŽฒ๐Ÿ“ˆ

The total value of buy and sell orders within a 1% range of the current market price for these tokens recently hit $128 million! ๐Ÿš€ That's a lot of meme coin action!

However, despite increased liquidity usually leading to tighter spreads and better trading pricing, meme coins aren't playing ball. ๐Ÿ€๐Ÿคทโ€โ™‚๏ธ

Market makers are dipping their toes into these tokens, but they're still wary of their high volatility. ๐ŸŒŠ๐Ÿ“Š

Some small-cap meme tokens like Dogwifhat (WIF), Memecoin (MEME), or Book of Meme (BOME) have seen liquidity growth in native units from 200% to 4000%! ๐ŸŽ‰๐ŸŽŠ

So, what's your take on this? Are you riding the meme coin wave or staying on the shore? ๐Ÿ„โ€โ™‚๏ธ๐Ÿ–๏ธ Let's chat in the comments! #DeFi #Web3