Meme Token Mania: PEPE and PNUT Hit Billion-Dollar Milestones
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Bullish sentiment is at its peak and crypto market participants are projecting a continued upside for the Dogecoin pice in the coming weeks and months. According to crypto analyst Ash Crypto, the crypto market is going to continue on this run into the next six to twelve months.
The crypto market has been riding a positive wave since the previous day. The optimism has led to a 3.74% spike in market cap to $2.99 Trillion. However, despite the surge in valuations, the trade volumes have dipped 5.31%, with the numbers at $301.48 billion.
Meme coins have taken the cryptocurrency market by storm, capturing investor attention with impressive gains. The rapid growth of meme coins like PEPE and PNUT has made them some of the best-performing digital assets.
Cryptocurrency prices today continue to spark significant discussions among market traders and investors globally. While Bitcoin (BTC) price hit a new ATH over the past day, top altcoins mainly illustrated gaining trajectories.
TL;DR Peanut the Squirrel (PNUT) and FRED, two animal-inspired memecoins, have seen spectacular increases, reaching valuations of $1.73 billion and $169 million. Pepe (PEPE) has recorded a 120% growth in the last week, driven by its inclusion in major exchanges like Robinhood and Coinbase.
Bitcoin's rally fuels optimism across the crypto market, with altcoins and meme coins posting impressive gains.
Dogecoin has been soaring, but these newer animal meme coins are massively outpacing DOGE in terms of gains this week.
All eyes have been on Bitcoin, as it shatters records and continues to break all time highs again and again.
The rapid rise of meme coins like PNUT highlights the volatile nature of crypto markets and raises concerns over speculative trading practices. The post Solana meme coin $PNUT soars to $1 billion market cap after Binance listing appeared first on Crypto Briefing.
According to CoinGecko, the top trending altcoins today are mostly meme coins and are on the list for different reasons. Interestingly, all of these altcoins have previously appeared on the list.
As the global cryptocurrency market cap eyes $3 trillion, the recent increase in Bitcoin price to an all-time high of $89,000 has sparked excitement of a new bull run, preparing the stage for altcoin's renewed optimism. Among the leading performers are Peanut the Squirrel (PNUT), Rexas Finance (RXS), Bonk (BONK), and XRP—all witnessing substantial price
Peanut the Squirrel (PNUT), a new meme coin on the Solana blockchain, has experienced an astonishing 2,000% increase in price within a week.
Solana-based memecoin Peanut ($PNUT) has skyrocketed to a $1 billion market cap within just two weeks of launch, fueled by listings on Binance and Bybit, and a remarkable 230.4% surge in the last 24 hours. The post Solana Memecoin $PNUT Reaches $1B Market Cap in Just Two Weeks appeared first on Cryptonews.
Most of the larger-cap alts have started to retrace.
The majority of memecoins listed on Binance in 2024 are hosted on Solana.
Binance has added two new Solana meme tokens—The AI Prophecy (ACT) and Peanut the Squirrel (PNUT) to its growing list of meme coins. Shiny New Meme Coins for Traders on Binance The bull market is here and exchange listings are coming in thick and fast.
Today, a select group of altcoins are trending in the crypto market and have caught the attention of investors. With surges in trading volumes and rising social media mentions, these tokens are among the most searched cryptos, largely for similar reasons.
Solana has dipped by 0.5% today, yet a new craze for Peanut the Squirrel-themed meme coins could help it recover quickly. The post Solana Meme Coin Craze Explodes After Peanut the Squirrel's Viral Story – Will SOL Price Follow? appeared first on Cryptonews.
The unexpected euthanization of Peanut the Squirrel by New York state officials has sparked outrage on social media, leading to a surge in Peanut-themed meme coins.