OPEN-SOURCE SCRIPT
Updated MCD - Meme Coin Dominance [Da_Prof]
I took the meme coins in the top 100 according to CoinMarketCap and added their market caps together and divided by TOTAL. Ultimately, I see Tradingview doing a much better job once they create a dedicated symbol for this, but in the interim, I thought this might help all you degens.
Enjoy.
Da_Prof
Enjoy.
Da_Prof
Release Notes
Thank God TradingView created the MEME.C symbol. I assume soon they will add MEME.D as a proper symbol. Until that happens, you can utilize this indicator. Once that does happen, be warned that I will be deleting this indicator. --Da_Prof
Release Notes
Updated to not plot prior to MEME.C data. Note that MEME.C currently is not showing all data. This is a Tradingview issue that likely happened when they were adding more memecoins to MEME.C. I would guess it will be corrected soon. You may want to notify TV of the issue.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.