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<p>LookOnChain posted a list of the top 10 meme coins with the highest liquidity on decentralized exchanges (DEXes), and surprisingly, DOGE and SHIB, the two largest <a href="https://captainaltcoin.com/best-meme-coin-to-buy-on-the-dip-as-pepe-and-shib-price-slide/" target="_blank" rel="noopener noreferrer nofollow">meme coins </a>by market capitalization, didn’t make the cut.</p>
<p>The list includes:</p>
<ol class="wp-block-list">
 <li>$SLERF: $46M</li>
 <li>$BOME: $37M</li>
 <li>$PEPE: $36M</li>
 <li>$MEW: $30M</li>
 <li>$FLOKI: $29M</li>
 <li>$WIF: $21M</li>
 <li>$BabyDoge: $17M</li>
 <li>$WHY: $16M</li>
 <li>$POPCAT: $15M</li>
 <li>$CAT: $14M</li>
</ol>
<figure class="wp-block-image aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="730" src="https://captainaltcoin.com/wp-content/uploads/2024/09/image-124-1024x730.png" alt="" class="wp-image-552394" srcset="https://captainaltcoin.com/wp-content/uploads/2024/09/image-124-1024x730.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-124-300x214.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-124-768x547.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-124-1536x1094.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-124-2048x1459.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-124-211x150.png 211w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-124-100x71.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-124-491x350.png 491w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-124-788x561.png 788w" sizes="(max-width: 1024px) 100vw, 1024px">
 <figcaption class="wp-element-caption"><em><strong>Source: <a href="https://x.com/lookonchain/status/1832240817924420030" target="_blank" rel="noopener noreferrer nofollow">X/@lookonchain</a></strong></em>
 </figcaption>
</figure>
<h2 class="wp-block-heading" id="why-is-liquidity-important-on-exchanges">Why is Liquidity Important on Exchanges?</h2>
<p>Liquidity on exchanges plays a crucial role in the cryptocurrency market. It refers to how easily an asset can be bought or sold without causing significant price fluctuations. Higher liquidity typically means that there are more buyers and sellers in the market, which can lead to tighter spreads and more stable prices.</p>
<p>For traders and investors, high liquidity is desirable because it allows for easier entry and exit from positions. It also reduces the risk of slippage, which occurs when the price of a trade differs from the expected price due to a lack of liquidity.</p>
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<h2 class="wp-block-heading" id="why-aren-t-doge-and-shib-on-the-top-10-list">Why Aren’t DOGE and SHIB on the Top 10 List?</h2>
<p>The absence of DOGE and <a class="wpil_keyword_link" href="https://captainaltcoin.com/shiba-inu-price-prediction/" title="SHIB" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">SHIB</a> from this list of highest liquidity meme coins on DEXes might seem puzzling at first glance. However, it’s important to note that this list specifically focuses on decentralized exchanges. DOGE and SHIB, being two of the most popular and established <a class="wpil_keyword_link" href="https://captainaltcoin.com/meme-coins/" title="meme" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">meme</a> coins, likely have significant liquidity on centralized exchanges (CEXes) rather than DEXes.</p>
<p>Centralized exchanges often provide higher liquidity for well-known cryptocurrencies due to their larger user bases and trading volumes. As a result, DOGE and SHIB may not need to rely as heavily on DEX liquidity pools, which could explain their absence from this particular ranking.</p>
<p><em><strong>Read also: <a href="https://captainaltcoin.com/this-kaspa-rival-is-positioned-to-mirror-solanas-meteoric-rise/" target="_blank" rel="noopener noreferrer nofollow">This Kaspa Rival Is Positioned To Mirror Solana’s Meteoric Rise</a></strong></em></p>
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<p>The post <a href="https://captainaltcoin.com/here-are-top-10-meme-coins-with-highest-liquidity-on-exchanges-doge-and-shib-dont-make-the-list/" rel="noopener noreferrer nofollow">Here Are Top 10 Meme Coins With Highest Liquidity on Exchanges – DOGE and SHIB Don’t Make the List</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Here Are Top 10 Meme Coins With Highest Liquidity on Exchanges – DOGE and SHIB Don’t Make the List

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