Analysts of the Santiment platform reported that memcoins like Peanut the Squirrel ($PNUT
), Pepe ($PEPE
) and Dogecoin ($DOGE
) have surpassed bitcoin in popularity. Experts measured popularity by the number of mentions on social networks.

Now PNUT, PEPE, DOGE, as well as Memecoin (MEME), Peanut (NUX) and 8-BitCoin (COIN) are among the most popular #Memecoins🤑🤑 on the market, stated in the Sentiment. According to analysts, bitcoin ranks seventh in terms of the degree of discussion on social networks.

The trading volume on the meme coin market reached $58.9 billion, and the market capitalization exceeded $119 billion. In the medium term, interest in such virtual coins will remain at a high level, experts are sure.

Memcoin PNUT has shown a sharp rally over the past week and is trading at around $1.69 with a market capitalization of $1.68 billion, showing an increase of 2925.65% over the past month.

PEPE has performed well, rising by 95.77% in the last 30 days, unlike DOGE, which has fallen by 7.9% in the last 24 hours and by 50.87% from a historical high of $0.7376.

Earlier, Binance Research platform specialists presented the results of a study according to which, since 2022, the share of memcoins in the altcoin market has increased from 4% to 11%. Investors are showing more and more interest in this class of digital assets, experts say.
#XRPPriceAction

Meme coins have seen explosive growth over the past month, even as the broader crypto market hits new highs. Data from Santiment shows an increase in the popularity of these speculative tokens, often inspired by animal themes like dogs and cats.
Speculative Assets Leading the Current Rally
Santiment highlighted on X (formerly Twitter) that speculative assets are driving the current market rally, with meme coins playing a significant role. Among the most popular tokens in this category, based on social media discussions, are Peanut the Squirrel (PNUT), Pepe (PEPE), Dogecoin (DOGE), Memecoin (MEME), NUX (Peanuts), and 8-bit Coins (COIN).
Interestingly, Bitcoin (BTC) ranks seventh in terms of social media discussions, suggesting a substantial capital flow into the meme coin sector. The market capitalization of this sector has reached $119 billion, even though it experienced a 4.5% drop in the last 24 hours. Trading volume in the meme coin sector reached $58.9 billion.
Dogecoin Leads Among Meme Coins
Dogecoin is currently leading the pack among meme coins and ranks sixth in the overall crypto market. Its market capitalization stands at $52.50 billion, with a current price of $0.3574. DOGE has dropped by 7.9% in the last 24 hours and is down 50.87% from its all-time high of $0.7376.
Significant Growth in Other Meme Coins
PNUT has shown impressive growth, surging by 1626.4% over the past week. It is currently trading at $1.69, with a market cap of $1.68 billion. Despite a 17.3% decrease in the last 24 hours, it remains up by an astonishing 2925.65% over the past month.
PEPE has also performed well, with a 95.77% increase in the past 30 days. MEME rose by 16.56% in the past week. PEPE’s current price is $0.00001962, while MEME trades at $0.01267.
Additionally, NUX has risen by 118.27% over the last 30 days and by 10.30% in the last 24 hours. COIN recorded a 42.71% increase in the past week.

#Memecoins🤑🤑 , #MemeWatch2024 , #CryptoPredictions , #pepe⚡ , #doge⚡

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Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Meme coins in the Avalanche ecosystem combine entertainment with technological innovation, creating a unique and captivating world of digital assets.
Community engagement is a crucial factor for Avalanche-based meme coins like Shibavax and Coq Inu, driving their potential for growth and stability in the market.
With Avalanche's low transaction costs and high speed, meme coins on this network are able to develop and expand rapidly. As interest in blockchain technology grows, meme coins on Avalanche hold the potential to attract new investors seeking rapidly evolving digital currencies backed by active communities.
Here are five Avalanche meme coins that could play a significant role in the 2024 market.
Shibavax
Inspired by the popular Shiba Inu meme, Shibavax draws users in with its playful and straightforward approach. It relies on community support, which is essential for meme coins, and aims to offer promising returns through its strategy and popularity.
Husky Avax
Based on the “husky dog” meme, Husky Avax is a friendly and popular project that avoids an elitist image. The Husky Avax meme coin has gained favor with users because of this and holds significant potential for noteworthy gains, thanks to its community-driven momentum.
BLOB
BLOB stands out with its fusion of meme culture and an energetic community-focused approach. Known for its uniqueness and emphasis on user engagement, BLOB distinguishes itself from others in the meme coin market, attracting well-deserved attention.
Coq Inu
Coq Inu quickly built its position on the Avalanche platform with an original approach inspired by Inu meme coins. Creative engagement and a strong community add to its appeal. With constant development and a community-focused model, Coq Inu is profitable for both investors and its community.
Kimbo
Completing our list of meme coins on Avalanche, Kimbo brings joy and fun while also promising high returns. Its community-focused approach and active support from fans are helping the token grow on the expanding market of Avalanche meme coins.

#Avalanche" , #Memecoins🤑🤑 , #CoqInu , #MemecoinWatch2024 , #MemeCommunity

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Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

If the crypto market is doing well, then #Memecoins🤑🤑 are doing spectacularly. The Shiba Inu($SHIB
price spiked a solid 45% since the election. Not to be outdone, Dogecoin is pushing nearly 60% of gains on the back of Elon Musk’s involvement in the forthcoming Trump presidency. Musk has been a long-time fan of Dogecoin and the bullish meme coin market is not just elevating $DOGE
but pulling Shiba Inu and other meme coins with it. This begs the question of what else the market can offer.

Dogecoin (DOGE): A dog, a coin, a government department?
Elon Musk is a master troller but a troller who puts his money where his mouth is. A long standing fan of Dogecoin, Musk offered his services to President-elect Trump for a Department of Government Efficiency – DoGE. For enthusiasts of meme coins, this is good news. Musk has Trump’s ear, and Trump has repeatedly stated to be highly pro-crypto; Dogecoin’s 60% rise since the election can be easily explained.

When the most influential man on the planet is best buddies with the leader of the free world — and both are huge fans of cryptocurrency — we may just enter the most bullish phase of investing ever. Dogecoin’s 60% weekly rise may not be an indicator of what’s to come for Dogecoin and other meme coins because 60% may be on the low end!
#USInflationAboveTarget

Shiba Inu($SHIB
was always the bridesmaid, never the bride, playing second fiddle to top dog Dogecoin($DOGE
. But this is not strictly true, as the Shiba Inu price spiked several million percent in 2021 to be – what was then – the best-performing asset ever. The Shiba Inu price woke up last Monday at $0.000016 and is sitting on Sunday at $0.000023. This extreme upward trend in the Shiba Inu price directly correlates to the rest of the market responding positively to a Trump victory.

However, one needs to ask if the Shiba Inu price can maintain its momentum. Dogecoin is backed by Musk, but the Shiba Inu price has nothing behind it. It may be good times for #Memecoins🤑🤑 now but don’t be surprised if the Shiba Inu price slows down in the coming weeks. Investors may start looking at alternatives to reinvest their profits once Shiba Inu steadies.

Rollblock (RBLK): Presale draws over $5 million in liquidity
As meme coins experience their highs, Rollblock is quietly capturing investor attention with a presale that has already secured over $5 million in liquidity. Built on a solid foundation, Rollblock is a GambleFi token offering far more than meme coins, delivering real value through a unique revenue-sharing model and a stake in the high-demand online casino market. Rollblock investors benefit from both growth potential and a steady income stream as they tap into a thriving sector that continues to expand globally.

This presale offers early adopters the chance to enter a promising project at an advantageous price, providing exposure to Rollblock’s advanced online gaming ecosystem before its full launch. With tokens priced at $0.035, investors are lining up for a piece of the action, seeing Rollblock not just as a fleeting opportunity but as a reliable, forward-thinking option in an otherwise volatile market.

Rollblock is now available at $0.035 in stage 8 of its presale. They also have a crazy 50% bonus offer available on purchases.
#USInflationAboveTarget

After roughly a week of gains and multiple all-time highs, the Bitcoin rally has cooled down. The asset faced double rejection at the $90,000 level, leading to a decline.
Altcoins Experience Even Sharper Corrections
As expected, more volatile altcoins faced even sharper corrections in the last 24 hours, resulting in financial losses for nearly 300,000 traders.

Bitcoin enjoyed an impressive week that started last Wednesday after Donald Trump’s win in the 2024 U.S. presidential election. The asset began rising before the official announcement, fueled by Trump’s significant lead.
On Wednesday, Bitcoin broke its March high of $73,737 and continued climbing. Over the weekend, it crossed the $80,000 mark and gained another eight thousand on Monday. The bullish momentum pushed the cryptocurrency several times to $90,000 yesterday, but subsequent rejections brought it back below $87,000.
Altcoins Suffer Even Greater Losses
Dogecoin, which led this massive rally, dropped by 10% to below $0.37 after peaking at $0.44 yesterday.
Cardano, which benefited from a recent announcement by Charles Hoskinson, lost 10.5%, falling to $0.53.
Shiba Inu took the hardest hit among high-cap altcoins, experiencing a 17% drop and losing its 10th position on the market to TRX. SHIB is currently holding just above the $0.000024 level.
Liquidations and Impact on Traders
This intense volatility negatively affected over-leveraged long traders. In the past 24 hours, approximately 280,000 trading positions were liquidated, totaling over $900 million in losses, with most of the impact on long positions.

#shiba⚡ , #doge⚡ , #Memecoins🤑🤑 , #Altcoins👀🚀 , #BTC☀

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Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“