🔥Hot 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! 💦💰

But hold your horses! 🐎 Despite this, bid-ask spreads remain high, indicating these tokens are still seen as risky. 🎲📈

The total value of buy and sell orders within a 1% range of the current market price for these tokens recently hit $128 million! 🚀 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. 🏀🤷‍♂️

Market makers are dipping their toes into these tokens, but they're still wary of their high volatility. 🌊📊

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%! 🎉🎊

So, what's your take on this? Are you riding the meme coin wave or staying on the shore? 🏄‍♂️🏖️ Let's chat in the comments! #DeFi #Web3