👀👀Market Report from Kraken: These Meme Coins Draw the Most Attention! 👀👀

US-based cryptocurrency exchange Kraken shared a remarkable report about the market.

Kraken's current market report detailed the investment behavior of Australian cryptocurrency users. According to the report, between May 2023 and May 2024, Bitcoin was the most preferred and traded cryptocurrency in Australia, accounting for 27.07% of all transaction volume during this period.

Solana stood out as the second most traded cryptocurrency in Australia, with Ethereum in third place. While Ethereum's transaction volume in Australia was recorded as 9.66%, this rate was stated as 9.93% worldwide.

New meme coins like Pepe (PEPE) and dogwifhat (WIF) are growing in popularity in Australia, according to a report from Kraken. In particular, Australian investors prefer new memecoins such as Pepe, WIF and Bonk (BONK) over more established memecoins such as Dogecoin (DOGE).

In his statement on the subject, Kraken's senior official, Jonathon Miller, emphasized that they act according to customer demands and that the launch of new trading pairs such as SOL / AUD is a direct response to these demands. Miller said it was great that Australians were showing interest in the crypto ecosystem's fun and increasingly popular new meme coins. Australians' interest in unconventional investment opportunities is considered a key feature in the ever-evolving crypto asset class.

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