Elon Musk’s Dogecoin Boost Caused 380% Daily Spike In Memecoin Traders, Says Report

Trading data analysis from Capital.com found that retail traders continued to trade Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) despite a bearish crypto market.

What Happened: In a report examining retail investor trends in Q2, Capital.com said that DOGE and SHIB remained popular among traders, even as the crypto market took a turn for the worse.

“Capital.com group data shows that since 7 May our traders have maintained their …

Full story available on Benzinga.com

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