Crypto
Meme Coin Liquidity Hits Record High $128M Even as Bid-Ask Spread Spotlights Risk
![](https://blacknewsdaily.com/wp-content/uploads/2024/06/K5SWAYUJDFGBPPECEFDP5PYPQA-780x470.jpg)
The combined figure for DOGE, SHIB, PEPE, WIF, BONK, GROK, BABYDOGE, FLOKI, MEME, HarryPotterObamaSonic10Inu and HarryPotterObamaSonic, recently rose to $128 million, the data shows. The figure describes the total value of buy and sell orders within a 1% range of the current market price. The deeper the liquidity – that is, the higher the figure – the easier it is to execute large orders at stable prices.