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CoinDesk (@CoinDesk): Institutional allocations to meme coins have surged over 300% this year, according to @Bybit_Official.

Estimated coin impact

Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.

Institutional allocations to meme coins have surged over 300% this year, according to @Bybit_Official. Allocations reached a peak of almost $300 million in April. Watch "Chart of the Day", presented by @cryptocom, explain the data.

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