Galaxy Digital: The Volatility of Memecoins Makes Them a Reliable Revenue Source for Exchanges and Liquidity Providers

According to a report by Jinse Finance, Galaxy Digital's latest research indicates that memecoins, once considered internet jokes, have now become an integral part of the crypto economy. Research analyst Will Owens noted in a report released on Wednesday that this sector has evolved into a cultural and economic force. Galaxy estimates that digital assets associated with memes now account for a significant share of trading activity and investor interest, extending far beyond Dogecoin and Shiba Inu. Galaxy's research shows that an increasing number of users are engaging with memecoins not only as traders but also as community members, building narratives, memes, and digital identities around these tokens. On the trading side, Owens pointed out that memecoins consistently generate some of the highest liquidity and fees in the industry, comparable to mainstream assets. He added that the volatility of memecoins makes them a reliable revenue source for exchanges and liquidity providers.