The memecoin market has rebounded by $10 billion following the October 10 crash, driven by significant whale activity in tokens such as PEPE and DOGE. On-chain data reveals a 40% increase in weekly trading volume, highlighting a surge in investor interest. Additionally, the DOGE/BTC ratio has climbed nearly 80% from its post-crash low, indicating a shift towards high-risk, high-reward assets as investors aim to recoup recent losses.
Memecoin Market Recovers $10B as Whale Activity Intensifies
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