#GaryGenslerResignation The GMCI Meme Meme index tracked by The Block increased by 8.8% over the week, setting a new high (537.99 p.). The catalyst was the addition of Pepe ($PEPE
) and Dogwifhat ($WIF
) to the list of instruments on Coinbase and Robinhood.
Memcoin listings are unprecedented and signal a change in the strategy of large platforms, the publication noted.
At the time of writing, PEPE is showing weekly growth of 8.4%, while WIF has turned negative (-4.1%). At the moment, the positive dynamics reached 70% and 32%, respectively.
Bonk ($BONK
) was another leader — its growth decreased by about half, from more than 100% to 51.8%.
Peanut the Squirrel (PNUT) also caused a stir. On November 13, the Peanut the Squirrel (PNUT) meme coin rose in price four times a day, but over the past seven days the asset has sunk by 27%.
The mascot of PNUT was a squirrel named Peanut, who lived with the owner in New York. On October 30, the authorities took the animal away and later euthanized it.
Due to the media popularity of Peanuts, the news caused a resonance in social networks and attracted the attention of influencers, including Elon Musk and Donald Trump Jr.
Over the past month, GMCI Meme has grown by 78.2%, outperforming indexes in other categories.
Recall that in October, the GOAT meme coin grew by almost 2000% in two days. The rise was accompanied by rumors that the project was created by the Andreessen Horowitz-funded AI bot Truth Terminal.