Here are a few of the best-performing memecoins on this month.
Top 5 Memecoins This Month
1. Peanut the Squirrel (PNUT)
Since its launch in the beginning of this month, PNUT managed to file a surge of virtually 2,200% as of at present, November 22.
The coin reached a market cap of over $2 billion within the first 9 days since its launch, and it now stands at a $1.23 billion market cap.
The coin’s value rally debuted on November 11 from $0.12 and reached a prime on November 14, near $2.33. The memecoin’s value surge was fueled by its Binance itemizing and boosted extra by Elon Musk’s mentions by way of X.
PNUT is a memecoin impressed by a squirrel that was once an Internet sensation till authorities confiscated it from its house owners and euthanized it along with its good friend, Fred the raccoon.
2. Act I: The AI Prophecy (ACT)
ACT is one other memecoin that recorded a powerful surge since its debut on the finish of final month. So far, the coin’s value surge has been round 1,800%.
The memecoin’s spectacular value rally was triggered by its Binance itemizing on November 11, when its value surged from $0.02 to $0.87 on November 15, when it hit a market cap of virtually $826 million.
At the second of writing this text, ACT is buying and selling at $0.48, and the coin has a market cap of over $460 million.
ACT is an AI coin, that explores emergent habits from multi-AI, multi-human interplay.
3. Bertram the Pomeranian (BERT)
BERT is one other memecoin that was created in the beginning of this month, and since, it recorded a value surge of 1,822% as of at present, November 22.
BERT’s value rally debuted on November 13, from $0.002 ranges, reaching a prime near $0.18 on November 15. Now, the memecoin has a market cap of virtually $69 million and it’s buying and selling at $0.07.
BERT’s market cap surged from $2 million to virtually $60 million in simply eight hours, following a media story that highlighted the craze across the memecoin.
BERT is a memecoin named after Bertram the Pomeranian and it was created after a enjoyable on-line contest in NYC the place individuals voted for the animal as Honorary Dog Mayor.
4. Goatseus Maximus (GOAT)
GOAT is one other coin that recorded a big value surge since its debut in October. As of at present, GOAT is up by over 750%, buying and selling at $0.9, and having a market cap of $908 million.
The coin recorded virtually a continued upward development but additionally noticed elevated volatility since its October debut. GOAT reached a most of $0.34 on November 17, hitting a market cap of $1.34 billion.
On October 24, Binance launched futures buying and selling for GOAT, supporting the coin’s additional value surge.
GOAT is a memecoin associated to an autonomous AI referred to as Truth Terminal.
5. Fartcoin (FARTCOIN)
FARTCOIN is one other memecoin that recorded a big value surge since its debut final month. As of at present, the coin is up by virtually 520%, and has a market cap of virtually $384 million.
The memecoin debuted a notable value rally on November 6 from $0.05 ranges and reached an ATH on November 21 over $0.41 when it additionally hit a market cap of $421 million.
FARTCOIN is a memecoin on Solana.
The Memecoin Season is Here
Memecoins have emerged as extra than simply speculative belongings as Binance’s new CEO, Richard Teng, just lately highlighted in a be aware celebrating his first 12 months at Binance.
Memecoins are a cultural phenomenon, they usually usually function step one to getting into the crypto marketplace for youthful, Internet-native customers in keeping with him.
Binance has been just lately integrating memecoins on the platform as properly, calling this integration a testomony to how digital belongings are increasing their relevance past finance, reaching varied elements of every day life.
The alternate mentioned there will likely be many extra memecoin integrations as digital belongings are going mainstream.