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Meme Crypto Trading Volume Drops 23.8% to $361 Million

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BNB SOL
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On October 6, the trading volume for major meme cryptocurrencies dropped by 23.8% to $361 million, according to the latest data. The decline followed a previous reading that showed $448 million in 24-hour volume. The activity remained heavily concentrated in three markets: Solana, Robinhood, and BNB, which together accounted for 96.6% of the total volume.

Solana led the pack with $211 million in volume, representing 58.5% of the total. Robinhood followed with $76.56 million (21.2%), and BNB had $60.94 million (16.9%). Among the leading projects by volume were Agency, PONS, and AI. Notably, Arc experienced the largest daily increase in volume, rising by 108.8%.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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