Binance Research report exposes high volatility in meme coin market

A recent report from Binance Research, released on November 4, 2024, reveals significant instability in the meme coin market. In the report titled “Understanding the Rise of Memecoins,” led by Binance Macro Researcher Josh Wong, 97% of the meme coins have been found to have tremendous declines in trading volume. This research reveals that meme

Source: Cryptopolitan