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Meme Coin Liquidity Reaches Record Highs | video
The chart of the day is presented by crypto.com, the leading crypto platform trusted by over 80 million users worldwide. Let’s take a look at the chart of the day. The liquidity of meme coins has risen to record levels according to data monitored by ko the increase in liquidity measured by 1%. Market depth suggests ease of order execution and stable prices, generally higher liquidity leads to a tighter bid-ask spread, which refers to the play between the highest price a buyer is willing to pay and the lowest price. low that the seller is willing to accept. However, bid-ask spreads for meme coins remain high, indicating that the tokens are still considered relatively risky. That’s it for today’s chart of the day. I’m Jen Sani. See you next time to analyze more data behind the most important news.