ACT, PNUT And DOGE(GOV) Form New ATH


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The past seven days were exhilarating for the crypto market as Bitcoin continued forming new ATH despite an exhausting bullish momentum. However, the dying momentum did not affect the meme coins which went on to post rallies as high as 3,000%.


BeInCrypto has analyzed three such meme coins that have risen significantly and, at the same time, formed new all-time highs.


Act I: The AI Prophecy (ACT)ACT has soared as the top-performing meme coin this week, driven by its recent Binance listing. This milestone fueled a remarkable rally, with the cryptocurrency experiencing an unprecedented 3,000% surge over seven days, making it a standout in the market.


Currently trading at $0.74, ACT reached a new all-time high of $0.95 during its rally. The altcoin has established a solid support level at $0.60, signaling potential stability amidst the ongoing momentum, provided market conditions remain favorable.


However, ACT’s hype-driven rally leaves it susceptible to corrections. Should investors opt to lock in profits, the meme coin could lose its $0.60 support and slip further to $0.44, challenging its recent gains and raising concerns about sustained growth.


Peanut the Squirrel (PNUT)PNUT has emerged as one of the top-performing cryptocurrencies, surging by an astounding 1,579% over the past week. This incredible rally placed the meme coin among the top 100 crypto tokens, with its price currently trading at $1.91, drawing significant attention from investors and market watchers.


The impressive performance saw PNUT set multiple all-time highs this week, with the latest high recorded at $2.50. If the bullish momentum sustains, the meme coin could continue climbing, potentially setting new ATHs and further solidifying its position in the market.


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