Memecoins with the Highest Volume-to-Market Cap Ratios: What the Data Reveals
In a market climate where overall trading volume has been steadily declining, some memecoins are defying the trend by maintaining exceptional volume-to-market cap (V/M) ratios — a metric that often signals strong liquidity, ongoing demand, and potential investor interest.
This ratio gives insight into how much a token is being traded relative to its total valuation. When the V/M ratio exceeds 100%, it means that the token’s daily trading volume is higher than its entire market cap — a clear sign of heightened activity. Let’s take a closer look at four standout memecoins currently showing unusually strong ratios.
$GORK: A Run That Refuses to Die
After a surprising run that caught the attention of the memecoin community, $GORK is proving that it wasn’t just a one-hit wonder. Despite a drop in volume from its peak, the token still boasts a remarkable $111 million in 24-hour trading volume while holding a market cap of $45 million.
This results in a V/M ratio of 248%, a powerful signal that $GORK remains highly liquid and in demand. Traders continue to rotate in and out of the token, which often points to both speculative opportunities and strong community engagement. In a market that’s cooling off, $GORK’s persistence is a story of its own.
$VINE: Holding Strong
Another token making waves is $VINE, which currently holds a market cap of $38 million and is seeing $40 million in trading volume. That equates to a 105% V/M ratio, showing that interest is keeping pace with valuation.
This type of equilibrium — where trading activity slightly exceeds market cap — suggests that $VINE is at the center of a healthy amount of speculation without being overheated. It could indicate a base of strong liquidity from active holders and newer market participants alike.
$BROCCOLI: Quiet but Liquid
Flying under the radar is $BROCCOLI, a memecoin with a quirky brand but serious metrics. Its current market cap of $29.5 million is being met with a trading volume of $33.4 million, giving it a V/M ratio of 112%.
This quietly makes $BROCCOLI one of the most liquid small-cap memecoins on the market right now. While it may not dominate headlines like some others, this token’s data suggests it’s anything but stagnant. For traders seeking active charts and tight bid-ask spreads, $BROCCOLI may be worth watching.
$HIPPO: Big Moves from a Small Cap
Rounding out the list is $HIPPO, a smaller cap token sitting at $25 million in valuation with a slightly higher $26 million in trading volume. This results in a V/M ratio just over 100%, placing it in the elite category of highly traded memecoins.
$HIPPO’s performance in the midst of declining market-wide volume is especially notable. High ratios in lower cap tokens can sometimes be short-term hype, but sustained figures like this may indicate growing community traction or upcoming catalysts.
Why Volume-to-Market Cap Ratio Matters Right Now
With market-wide liquidity thinning and speculative appetite waning compared to earlier this year, the volume-to-market cap ratio is an underappreciated metric for evaluating current relevance and short-term momentum in memecoins.
A high V/M ratio shows:
Strong trading interest relative to token size
Potential for intraday volatility (a trader’s friend)
Low slippage and deep liquidity for buyers and sellers
Sustained market attention, even if price action appears muted
In short, when total crypto volume is down, watching the outliers becomes more important than ever.
Final Thoughts
$GORK, $VINE, $BROCCOLI, and $HIPPO are all showcasing V/M ratios over 100%, indicating robust liquidity and continued demand — a strong signal in otherwise quiet markets. While this metric isn’t a guarantee of future success, it’s often a leading indicator of momentum before price reacts.
Traders and investors looking for actionable opportunities in memecoins would be wise to keep an eye on those that continue to attract volume even as attention fades elsewhere.