#MicroStrategy #Binance 🐶 Meme coins dominate in #altcoin leverage
🙀 #memecoin🚀🚀🚀 Pepecoin ($PEPE) and Dogwifhat ($WIF) have emerged as the leaders in leverage usage within the altcoin sector, a recent report by Kaiko shows.
💪 The open interest to market cap ratio, a key indicator of leverage, shows that these meme coins have ratios twice that of other altcoins.
🤷 $PEPE and Dogwifhat outpace Bitcoin Cash and Filecoin in leverage.