- Peanut the Squirrel (PNUT) has jumped a massive 3891.92% in the last 30 days.
- PEPE jumped a monumental 73.93% in the past 24 hours.
- POPCAT, WIF, and MOG also turned bullish while DOGE was sluggish.
Meme coins have been the star of the current crypto market bullish cycle with Peanut the Squirrel (PNUT), Mog Coin (MOG), Pepe (PEPE), dogwifhat (WIF), and Popcat (POPCAT) printing significant gains in the past 24 hours while the total market cap of the meme coin sector broke past the $123 billion mark after a 6% surge in the past 24 hours.
According to the data from CoinMarketCap, the market cap of the meme coin sector rose from $55 billion on November 5 to more than $123 billion at the time of writing. This significant gain can be attributed to the massive price gains printed by Dogecoin (DOGE), Shiba Inu (SHIB), and the meme coins mentioned above.
PNUT is one of the best-performers in the digital asset space lately, rising 138% in the past day. It is currently trading at $2.11, ranking 52nd on CoinMarketCap with a market cap of $2.11 billion. In the past seven days alone, PNUT has gained 1447.06%, and 3891.92% in the last 30 days. The trading volume of PNUT is now a massive $5.90 billion, and the total volume traded in the meme coin sector is $90 billion.
PEPE also made gains, increasing 73.93% in the past 24 hours and is trading at $0.00002323. The altcoin has risen 120% in the last seven days and has a market cap of $9.8 billion, which makes it the third most valuable meme coin after DOGE and SHIB, which were up 97.8% and 32.46% in the past week, respectively.
Other Meme Coins also Show Bullish Potential
WIF, MOG, and POPCAT are all showing signs of continuation of the uptrend. WIF is up 35.57% in the past 24 hours while MOG and POPCAT are up 39.69% and 27.88%, respectively. WIF is trading at $4.03, POPCAT is priced at $1.91, and MOG has a value of $0.05238.
Read also: New Meme Coin PNUT Surges on Solana, Driven by Viral TikTok Pet and Elon Musk
In the past seven days, MOG has surged 4.8%, WIF has jumped 69.9%, and POPCAT has surged 21%, suggesting the possibility of the continuation of the meme coin bull run in the near future.
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