I am obviously really bullish on $REKT and have a huge bag and I like to compare it with others like $PENGU That being said, there is one thing that $REKT really needs to improve in and it's VOLUME As you know by now $REKT is trading at around 1/10th of $PENGU, now let's look at the volumes $REKT 24H -> $ 5.5 Million (2% of it's marketcap) $PENGU 24H -> $ 2.7 Billion (100% of it's marketcap) So what is the reason for this and why is volume important? Well one reason is that $PENGU is on a lot of tier 1 exchanges and they drive a lot of the volume. Where $REKT is mostly on DEXes and that's where the volume lies for $REKT. Volume is important for bigger funds / traders, they want to have in depth liquidity and order books to trade with size without HUGE impact on the price. A good comparison in marketcap and also a coin that is doing really well is $USELESS shared a lot by @theunipcs It's at a $ 325 million marketcap compared to $ 275 million of $REKT. Their volumes of the last 24H: $USELESS -> $ 42 M (13% of it's marketcap) $REKT -> $ 5.5 M (2% of it's marketcap) Another good comparison is $MOG, one of the leading ETH memes. It's current marketcap is $ 674 million. Their volume of the last 24H: $MOG -> $ 65 million (10% of it's marketcap) Even $NEIRO a MEME coin we just surpassed on ETH, which is at $ 220M marketcap has around $ 106.5 million volume (almost 50% of it's marketcap). So the reason many others have better volume / liquidity is T1 exchanges. Most of the times driven by leverage and obviously also spot. The run so far of $REKT is impressive, but to really need to compete with the bigger dogs at the moment, we need tier 1 exchanges and their volume / liquidity depth. Let's see when we make that big next step! The partnership with @BinanceUS and them repping a Rektguy def feels like something is brewing.
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