Crypto volume down 43% in June, meme coins Dogecoin and Shiba Inu lead the losers

The huge May selloff unsurprisingly lead into June, with overall crypto spot volumes down to $2.7 trillion, down 43%.

Interestingly, the total value locked by Shiba Inu’s new DEX, ShibaSwap, jumping to $1.5 billion in a matter of two days. In comparison, the DEX Pancakeswap was $7.3 billion TVL, while Sushiswap has $2.8 billion.

Not too shabby for two days open.