🏆 Top 5 Tokens by Market Cap/Volume Ratio

Here’s a quick refresher: the top tokens based on their market cap/volume ratio.

The market cap/volume ratio measures the amount of trading activity (volume) taking place relative to the total market value (capitalization) of a token.

A lower ratio indicates higher liquidity and trading activity relative to the value of the token.

Again, it’s interesting to see that 3 of the 5 tokens are memecoins—emphasizing the strong meme narrative at the moment.

Here is the full list:

5 - io.net $IO - Ratio: 0.23

4 - First Neiro on Ethereum $NEIRO - 0.39

3 - BOOK OF MEME $BOME - 0.41

2 - ApeCoin $APE - 0.46

1 - ZetaChain $ZETA- 0.62