$RIBBIT
Most https://t.co/8zngKS6uZx memes die within 24 hours.
$RIBBIT is different in a few ways:
• Trading volume is already multiple times its market cap.
• Buy and sell volume remain relatively balanced instead of one-sided exits.
• The team is building around a recognizable character instead of launching another random ticker.
Still early.
Now it's up to the community to prove this is more than a short-lived launch.
Equity traders are collectively breaking down right now:
“I can’t even sleep peacefully anymore. Have to watch the market on weekends, trades coming in at 3 a.m…
I’ve basically turned into a crypto trader.” 😂
We are seeing historic growth in tokenized stock trading volumes:
Across all chains, monthly tokenized stock trading volume hit a record $5.3 billion last month, up 44% MoM.
On Solana, total transfer volume of tokenized stocks is now officially above $10 billion for the first time in history.
Over the last month alone, tokenized equity volumes have surged +180% on Solana, driven primarily by growing demand for tokenized RWA products which can be traded 24/7.
On Jupiter, the most popular venue for trading these assets, 33% of tokenized asset traders are now trading over the weekend.
Tokenization has created 24/7 markets.