Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
$PNUT Up 325% In 7 Days, Hinting At New Highs – Is This New Altcoin Next?

$PNUT Up 325% In 7 Days, Hinting At New Highs – Is This New Altcoin Next?

CryptoNewsCryptoNews2024/11/18 18:33
By:Tim Hakki

Peanut the Squirrel is the most explosive cryptocurrency in the world right now.

Last updated:
November 18, 2024 10:56 EST

Newcomer Solana meme coin Peanut the Squirrel ($PNUT) is not three weeks old and already, thanks to some explosive price action, it’s the eighth biggest meme coin with a market cap of $1.6 billion.

$PNUT rose 325% in the last seven days to trade at $1.63 as of this writing. This surge makes it the single largest climber among the top 100 cryptocurrencies by market cap.

In general, most leading meme coins rose significantly over the last seven days. Market leader and original meme coin Dogecoin ($DOGE) rose 25% and now trades for around $0.36, while the largest non-canine meme coin— Pepe ($PEPE) —shot up 69% to trade at $0.00002071.

This comes as Bitcoin ($BTC) is consistently clocking new all-time highs since the reelection of pro-crypto US President Donald Trump.

Bitcoin itself is up 9% while the coin powering Peanut’s home chain, Solana ($SOL) is up 11% to $243

Peanut the Squirrel ($PNUT): Primer and Analysis

Peanut the Squirrel ($PNUT) launched on halloween this year on Solana’s meme coin launchpad Pump.fun. In just three weeks, it has risen to become the 73rd largest cryptocurrency.

And it shows no signs of slowing down, either. The bulk of $PNUT’s explosive seven-day gains were won on November 13 when it exploded 300% in less than 24 hours thanks to some tweeting by X CEO Elon Musk.

$PNUT Up 325% In 7 Days, Hinting At New Highs – Is This New Altcoin Next? image 1 Source: TradingView

Since then, $PNUT’s price has remained level. This has helped bring the token’s relative strength index (RSI) down to 48, which consolidates the asset at is current price, potentially priming it for another blistering rocket ride.

From Peanut to Flockerz: Meme Coin Winter Has Landed.

With Bitcoin clocking new all-time highs and Peanut The Squirrel going to the moon, this festive season looks set to be an exciting time for crypto.

For investors looking to buy into projects before they hit the open market, there is a world of micro-cap meme coin ICOs, where many new species of meme coin are just launching. One such offering is the new vote-to-earn (V2E) Flockerz ($FLOCK) .

This month, meme coin fans have been piling into a new vote-to-earn (V2E) meme coin called Flockerz ($FLOCK) . The month-old presale has raised over $2.2 million.

Touting itself as “The People’s Meme Coin,” Flockerz offers crypto fans unrivaled community-building incentives and staking rewards.

Holders of Flockerz (known as “The $FLOCK”) are members of a decentralized autonomous organization (DAO) called Flocktopia, where they can draft and vote on governance and improvement proposals.

This structure ensures community consensus dictates the decisions rather than an opaque centralized authority, like with the Neiro meme coin.

Some 25% of the project’s 12 billion $FLOCK meme coin supply is for staking, with the protocol offering stakes yield of 924% on the tokens they stake over a two-year period.

The Flock has a big reason to celebrate today!

2 million and counting! Let's keep this flock growing strong, nothing can stop us now! 🐦🐦🔥 pic.twitter.com/4DKl7rgBid

— Flockerz (@FlockerzToken) November 16, 2024

Flockerz is a transparent and fully audited project.

That’s why Coinsult audited its smart contract , to give investors peace of mind.

Furthermore, Flockerz is eyeing up listings on both centralized and decentralized exchanges (CEXs and DEXs), so it has global ambitions to join Neiro and other top meme coins.

Join now. Follow Flockerz on X and Telegram .

Visit the Flockerz Presale Website

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
Trending News Price Predictions Recommended Articles
Price Analysis Cardano Nears Golden Cross – What Does This Mean for ADA Investors? 2024-11-18 10:34:32 , by Simon Chandler
Price Analysis Is Stellar the Next Ripple? Bullish Action as XLM Spikes 32% in A Day 2024-11-17 09:04:58 , by Arslan Butt
Altcoin News ‘Earn Burn’ Could Push FET and ASI Alliance to New Highs 2024-11-16 17:00:00 , by Ruholamin Haqshanas
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!