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Meme Coin Trading Volume Surges to Two-Year High, Signals Caution for Bitcoin Bulls

Speculative mania in meme coins has historically presaged bearish reversals in bitcoin.

Updated May 8, 2023, 10:13 a.m. Published May 8, 2023, 10:13 a.m.
Weekly volume in meme coins (James Tolan, Dune Analytics)
Weekly volume in meme coins (James Tolan, Dune Analytics)