Looking at one asset’s density alone can be misleading; compare a pair at the same level and it becomes clear.
$DOGE : positions around 98.3 million, daily volume 4.69 million, density 21x;
$PEPE : positions around 26.1 million, daily volume 25.45 million, density 1.0.
One is overnight inventory on the books; the other is genuinely changing hands—meme coins are diverging, so don’t imply they’re moving in tandem.
#Meme温差 #Perpetuals inventory
$DOGE : positions around 98.3 million, daily volume 4.69 million, density 21x;
$PEPE : positions around 26.1 million, daily volume 25.45 million, density 1.0.
One is overnight inventory on the books; the other is genuinely changing hands—meme coins are diverging, so don’t imply they’re moving in tandem.
#Meme温差 #Perpetuals inventory