4 meme coins are among the top ten cryptocurrencies by open interest, including PEPE, DOGE, BONK and WIF

PANews reported on May 28 that according to Cointelegraph, four of the top ten cryptocurrencies calculated by open interest (OI) are Meme coins, with Pepe leading the way, with an OI of $812.6 million, almost Solana. half of. In addition to Pepe (PEPE), Dogecoin (DOGE), Bonk (BONK), and Dogwifhat (WIF) also make the top ten. Bitcoin leads the list with an OI of $11.1 billion, followed by Ethereum with an OI of $9.15 billion.

Another thing worth noting is that there is a significant difference in OI from first to last place. Bitcoin’s OI is $11 billion, while No. 10 Near Protocol (NEAR) has an OI of just $230 million, showing the huge difference in trader interest.