Galaxy Digital: Memecoin's volatility makes it a reliable source of income for exchanges and liquidity providers
according to the latest research by Galaxy Digital, memecoin was once seen as an internet joke, but is now an indispensable part of the crypto economy. Research analyst Will Owens pointed out in a report released on Wednesday that the industry itself has developed into a cultural and economic force. Galaxy estimates that meme-related digital assets now account for a significant share of trading activity and investor interest, far beyond dogecoin and shiba inu coin. Galaxy's research shows that more and more users are not only interacting with meme coins as traders, but also as community members building narratives, memes, and digital identities around these tokens. In terms of trading, Owens points out that meme coins continue to generate the highest liquidity and fees in the industry, comparable to mainstream assets. He added that the volatility of meme coins makes them a reliable source of income for exchanges and liquidity providers.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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