Top Tokens By Volume/Market Cap Ratio 🔥

Here's one more indicator that memcoins are the most vital narrative right now.

The Volume/Market Cap Ratio compares a token’s trading volume over 24 hours to its total market cap. A higher ratio indicates more trading activity relative to the token’s overall value, which could suggest heightened interest or momentum in the market.

So, I went through the top 500 tokens by market cap and analyzed the volume/market cap ratio.

Here are the results:

- Four out of the top five tokens are memecoins.

- APE's performance is extraordinary but was influenced by yesterday's massive pump.

- Nevertheless, also MEW, NEIRO, and BOME have a volume/mcap ratio of ~0.5 — which is immense.

Here's the complete list:

1 — Apecoin $APE — Volume/Mcap Ratio: 1.27

2 — Cat In A Dogs World $MEW — 0.53

3 — First Neiro On Ethereum $NEIRO — 0.47

4 — BOOK OF MEME $BOME — 0.43

5 — Holo $HOT — 0.35