Meme coins have been grabbing the limelight in the crypto world recently. They are set for
exponential growth with top picks ready for 5x to 35x expansion, making them a hot buy before the New Year. Coins such as
BTFD,
Dogecoin, and
Shiba Inu have turned out to be top performers. Among the newer entrants,
Fartcoin and
$PNUT have made a splash too, with their value surging significantly.
Fartcoin became viral for the humor associated with its name, while
$PNUT attracted investors with its compelling listing news. Amidst these trends, the value of meme coins plummeted by $20 billion, despite various new projects hitting major milestones. Coins such as
Pepe and
BONK showed promising
growth potential, joining the ranks alongside heritage cryptocurrencies like
Ripple (XRP). The significance of
physical coins is still recognized as 'rare' coins fetched hefty prices at auctions and were treated as generous donations during Christmas.
Dogecoin and
Shiba Inu also had some moments in the Sun as crypto giants in the meme coin category. On the innovation front,
BTFD's presale success showcases how a simple idea can create a successful wave in the crypto market. The other high performer was
$PNUT, which showed a surprising surge in the wake of its
Coinbase listing.However, not all has been rosy in the crypto world. Cryptocurrency scams continue to be a problem, and crypto coins seem to be the new tools for such fraudulent activities.
FOR Coin News Analytics from Thu, 24 Oct 2024 07:00:00 GMT to Thu, 12 Dec 2024 02:13:01 GMT -
Rating 6
- Innovation -2
- Information 8
- Rumor -2
