The number of addresses holding memecoins for under 30 days hit a record high in March.
The attention given to memecoins may be driven by the massive gains many projects displayed in the first quarter of 2024.
Market intelligence platform IntoTheBlock shows that the number of wallet addresses wallet address holding meme-related tokens for under 30 days hit a record high in March.The number of traders jumping into the memecoin sector may be attributed to the huge gains displayed by memecoins in the first quarter of 2024.
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