👇10-10) As a benchmark for the recent meme-coin hype, Shiba Inu was mainly traded in Korea and was the number 1 traded coin each of the last seven days. Koreans (as measured by volume in UpBit, which was 80% of the Korean market share) traded $10.7 billion worth of Shiba Inu during those seven days. UpBit volumes ramping from $0.6bn to $16.2bn in weeks. However, as volumes tend to decline again, this meme-coin rally might not last, and if that is the case, then the latest driver of Bitcoin (crypto) upside is also becoming fragile. We are cautious.