Touching the hearts of many on social media, Peanut the Squirrel (#PNUT ) is a meme coin launched on the Solana blockchain. It draws inspiration from the heartfelt story of Peanut, a cherished pet squirrel whose untimely passing stirred an outpouring of emotion online. While primarily a meme coin, PNUT carries a deeper mission, serving as a unifying symbol for the global fight against animal cruelty and the promotion of animal welfare.
Currently trading at $0.001612, PNUT has seen a 13.6% increase in the last 24 hours, despite experiencing a 33.2% dip earlier this week, showcasing the enduring demand for meme coins in the current crypto market.
Trading at $0.1775 with a $1.7 billion market cap, Brett ($BRETT) is a meme coin that stands out for its utility within the cryptocurrency ecosystem. Despite a 12.1% dip this week, Brett remains amongst the 10th largest coins in the meme coin category based on the size of its market capitalization.
One of its key applications is Peer-to-Peer Transactions, enabling users to conduct fast, secure, and efficient transfers directly on the Base blockchain without intermediaries. This functionality highlights Brett’s commitment to practical use cases alongside its meme appeal.
Popcat (POPCAT)
The third-largest meme coin on the Solana network, Popcat (POPCAT), is inspired by two iconic images of a cat named 'Oatmeal'—one with a closed mouth and the other edited into an 'O' shape. While POPCAT has no intrinsic utility, its appeal lies in its community-driven nature and viral origins, gaining fame through Instagram music videos where Oatmeal appeared to "sing" along to synced GIFs.
Despite its popularity, recent data from Nansen reveals a mixed outlook for POPCAT. The volume of Popcat coins on exchanges has risen by 7.7% over the past week, reaching over 223.94 million. This increase in exchange volume could maybe signal bearish sentiment since it might suggest holders may be preparing to sell.
Dogecoin (DOGE)
Dogecoin’s (DOGE) journey to becoming the emperor of meme coins owes much to Elon Musk’s DOGE-themed tweets, particularly during the U.S. presidential campaign and following Trump’s victory. These posts have consistently fueled public interest and market activity, cementing DOGE’s place as a cultural and financial phenomenon.
Currently trading at $0.4008, DOGE has experienced an 8.0% pullback this week, with its price fluctuating between a high of $0.475 and a sharp dip to $0.369. Despite the volatility, Dogecoin’s origins as a lighthearted project inspired by the Shiba Inu meme featuring Kabosu have given it a unique charm that continues to resonate with both retail and institutional investors. However, the recent price swings highlight the challenges DOGE faces in maintaining stability amidst its meme-driven appeal.
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