Odaily Planet Daily News Bybit said in a report on Wednesday that institutional investors' investment allocation in meme coins has increased by more than 300% this year, reaching a peak of nearly $300 million in April. The current popular choices are DOGE and SHIB mainly because they have sufficient liquidity in the spot market, while Solana Ecosystem Meme Coin BON has attracted more than $75 million in institutional bets. (Coindesk)