#MicroStrategy #Binance ๐ถ Meme coins dominate in #altcoin leverage
๐ #memecoin๐๐๐ Pepecoin ($PEPE) and Dogwifhat ($WIF) have emerged as the leaders in leverage usage within the altcoin sector, a recent report by Kaiko shows.
๐ช The open interest to market cap ratio, a key indicator of leverage, shows that these meme coins have ratios twice that of other altcoins.
๐คท $PEPE and Dogwifhat outpace Bitcoin Cash and Filecoin in leverage.