New Animal Meme Coins Overtaking Dogecoin: Watch Out for
#PNUT and
#FRED In an unexpected development, animal meme coins are taking the crypto world by storm, with some coins lagging significantly behind Dogecoin’s recent developments.
Solana-based token PNUT has increased by 1,524% in just one week, pushing its market value to over $1.5 billion. The reason for this acceleration is a daily viral story about a squirrel named Peanut who was taken and killed due to fear of rabies. This incident has gained the attention of influential figures such as Elon Musk, gaining public appreciation.
The Role of Social Media in Increasing Coin Popularity The rapid rise of these meme coins is closely related to the dynamics of social media, where narratives about pets resonate deeply with the community. Peanut’s tragic fate also inspired the birth of another coin, FRED, centered around a raccoon named Fred, which increased by 383% following similar circumstances. These coins’ unique storytelling showcases the proliferation of social media cryptocurrencies.
The rise of new meme coins like PNUT and FRED are surpassing Dogecoin gains among beloved pet stories.
#PNUTSurge #memecoins #MemecoinWars