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Meme coin has about 16,000 daily active addresses, and retail investor participation is still low
2024-11-20 12:01
Odaily News According to data disclosed by IntoTheBlock, there are currently about 16,000 daily active addresses participating in Memecoin, which is still far from the 32,000 daily active addresses at the peak of the bull market in May and November 2021. Memecoin activity is a strong indicator of retail investors' interest in participating in the market. Although the total market value of Meme coins has hit a new high, the activity of most Meme coins is still low compared to past peaks. This difference shows that retail enthusiasm has not yet fully re-entered the cryptocurrency field.