💡 Memecoins Outperformed Ethereum
Looking at the ratio for the top 30 altcoins by market cap, meme coins continue to lead the pack despite the recent market correction. Pepe (PEPE) and Dogwifhat (WIF) exhibit twice the ratio relative to other altcoins even Ethereum. While the recent correction has sent many meme tokens back to zero, others remain among the best performers this year.
🔼 Data Credit - Kaiko
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