#MicroStrategy #Binance ๐Ÿถ Meme coins dominate in #altcoin leverage

๐Ÿ™€ #memecoin๐Ÿš€๐Ÿš€๐Ÿš€ Pepecoin ($PEPE) and Dogwifhat ($WIF) have emerged as the leaders in leverage usage within the altcoin sector, a recent report by Kaiko shows.

๐Ÿ’ช The open interest to market cap ratio, a key indicator of leverage, shows that these meme coins have ratios twice that of other altcoins.

๐Ÿคท $PEPE and Dogwifhat outpace Bitcoin Cash and Filecoin in leverage.

#BTC