Memecoin Trading Volume Hits $593M as Robinhood Dominates at 48.2%

Major memecoin market trading volume for the past 24 hours totaled $593 million (approximately KRW 818.9 billion). The Robinhood market accounted for 48.2% of the total, amounting to $286 million (approximately KRW 395 billion). Solana (SOL) market volume stood at $260 million (approximately KRW 284.5 billion), representing 34.8% of the total. Binance Coin (BNB) market trading volume was $57.31 million (approximately KRW 79.1 billion), or 9.7%. Arc market volume totaled $42.92 million (approximately KRW 59.3 billion), making up 7.2% of the total.

Figures were reported by Wu Blockchain based on GMGN data, with the reference time being 11 a.m. KST on October 18. Top trading tokens included PONS, PAID, and AI, though individual token volumes and their market share percentages were not disclosed. Combined volume from Robinhood and Solana markets reached $492 million (approximately KRW 679.5 billion), or 83.0% of the total. BNB and Arc markets together accounted for 16.9%. The discrepancy in percentage totals is due to rounding in the original data.

This report aggregates trading volumes across multiple chains and markets, not indicating specific memecoin prices or market caps. Previously, the site reported that major memecoin market daily volume reached $1.838 billion (approximately KRW 2.54 trillion) with Robinhood chain accounting for 79.9% of the total. Compared to this earlier report, both overall trading scale and Robinhood's market share have decreased in this latest data.

24-hour volume represents the sum of all transactions within the previous 24 hours from the reference time, meaning market shares and rankings may change over time. Trading volume includes both buy and sell orders, so it does not solely reflect price direction or investment performance. This data should be interpreted as a statistical measure of trading concentration and scale across markets.