DOGE, PEPE, PNUT Price Analysis: Can Memecoin Market Rebound Last Any Longer?
Dogecoin, Pepe, and Peanut technical analysis reveals mixed prospects, with potential rebounds and bearish risks for December 2024 and January 2025 sessions.
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Dogecoin, Pepe, and Peanut technical analysis reveals mixed prospects, with potential rebounds and bearish risks for December 2024 and January 2025 sessions.
Solana (SOL) based memecoin inspired by a squirrel pet dubbed Peanut the Squirrel (PNUT) has continued to make significant waves in the cryptocurrency industry. The small-cap memecoin project, with a fully diluted valuation of about $683 million and a 24-hour average trading volume of about $1.
Web3 payments infrastructure provider Transak is adding 11 new meme coins. PNUT, WIF, FLOKI, BOME, NEIRO, GOAT, MEMEFI, MEME, MOODENG, POPCAT, and BRETT are now available on its site.
Most meme coins plunged this week as many retail traders continued to sell in panic as the outlook in crypto worsened.
The 34-year-old mechanical engineer turned pornstar, is allegedly involved in multiple memecoin scandals. Owner of Peanut the Squirrel Faces Accusations Mark Longo meticulously crafted the persona of a warm-hearted animal lover, unfairly targeted by a tyrannical government entity.
Binance was the first to receive a cease-and-desist letter from lawyers representing the social media influencer.
Meme coins Peanut The Squirrel (CRYPTO: PNUT), Popcat (CRYPTO: POPCAT), and Goatseus Maximus (CRYPTO: GOAT) surged on Wednesday amid significant exchange listing announcements, surpassing the performance of Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB). Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Peanut The Squirrel $1.30 $1.29 billion +30% +4.3% Popcat $1.26 $1.23 billion +14.7% -8.9% Goatseaus Maximus $0.6855 $685.4 million +29.2% -11.8% Dogecoin $0.4123 $60.5 billion +7.3% +0.0% Shiba Inu $0.00002917 $17.1 billion +13.8% -2.5% Trader Notes: Crypto trader Dami-Defi predicts PNUT could bring life-changing opportunities.
Solana-based memecoin Peanut the Squirrel (PNUT) saw a sharp 20% price increase after Coinbase revealed plans to add it to its listing roadmap. PNUT's market cap climbed to $1.34 billion, overtaking other notable meme coins such as POPCAT and MOG COIN.
PNUT meme coin surges 20% as Coinbase plans listing; trading volume hits $1.5 billion. The post Solana meme coin $PNUT surges 20% on Coinbase listing news appeared first on Crypto Briefing.
Peanut the Squirrel (PNUT) achieved a $1 billion market cap in just 11 days, significantly faster than Dogecoin (DOGE), which took over four years.
Crypto prices traded higher on Friday for most assets as Bitcoin (BTC) targeted the $100,000 milestone again following last week's failed attempt. Algorand, Peanut the Squirrel and XRP are among top performers on the day. Market data shows the global cryptocurrency market cap rose to $3.
Crypto exchange giant Kraken is adding a slew of altcoins to its listing roadmap, signaling upcoming additions to its suite of products.
In this weekly analysis of meme coins, BeInCrypto observed that these tokens experienced mixed results. While some tokens saw gains, others grappled with significant losses.
Themed cryptocurrencies have recorded explosive gains over the last few sessions as Bitcoin opened the patch to the sought-after $100,000. Meanwhile, Santiment data shows meme tokens have gained popularity, fueling the prevailing bull rally. The increased interest in the tokens positions top memes for remarkable gains in the upcoming months.
Despite the pullback, the price of PNUT is over 1,500% up on a weekly scale.
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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.