Shiba Inu beats Solana, Dogecoin after breaking record of 31 billion USD
Shiba Inu leads the meme coin market with a weekly trading volume of $31 billion, which surpasses both Solana and DogeCoin.
In a post on X, data analysis company Kaiko compiled notable statistics. Kaiko revealed that meme-inspired tokens have seen significant growth in recent weeks, with weekly trading volume hitting $80 billion, a valuation not seen in years.
Furthermore, Kaiko revealed that Shiba has seen an outstanding trading volume of $31 billion. Additionally, the report notes that SHIB's one-week trading volume beat the meme market leader, Dogecoin (DOGE). Notably, while the Shiba Inu reached a trading volume of $31 billion, DOGE recorded less than $8 billion ($23 billion).
Kaiko revealed that Shiba Inu's market volume over the past week even surpassed that of more prominent altcoins like Solana (SOL).
