The cryptocurrency market has entered one other bull run. Bitcoin (BTC) hit a brand new all-time excessive of $93,477.11 on Nov. 14, 2024. With BTC at new heights, different crypto property are following go well with. The bull run might have been triggered by Donald Trump profitable the US Presidential election. Market individuals could also be betting on Trump’s pro-crypto and pro-businesses stance. The risk of a 25 foundation level rate of interest lower might have additionally boosted investor sentiment.
Although BTC is the market chief, a couple of memecoins are outperforming the unique cryptocurrency. Let’s take a look at three memecoins outshining BTC within the charts.
Top 3 Meme Cryptocurrencies Outperforming Bitcoin
1. Peanut The Squirrel (PNUT)
PNUT is a reasonably new cryptocurrency that’s making waves within the crypto neighborhood. The asset is at the moment the best-performing crypto among the many prime 100 initiatives by market cap. The memecoin is up by 131.5% within the every day charts and 1548.4% within the weekly charts. The asset hit an all-time excessive of $2.44 earlier right this moment.
According to CoinCodex, PNUT will proceed to rally over the subsequent few weeks. The platform anticipates the asset to rise to $5.88 on Dec. 12, 2024. Hitting $5.88 from present value ranges will translate to a rally of about 172.22%.
2. Pepe (PEPE)
PEPE is one other widespread meme cryptocurrency that’s outperforming Bitcoin (BTC). The frog-themed crypto hit a brand new all-time excessive of $0.00002457 right this moment. PEPE is up by 81.7% within the every day charts, 124.3% within the weekly charts, 140.2% within the 14-day charts, and 118.6% over the earlier month.
According to CoinCodex, the meme cryptocurrency will proceed to rise over the subsequent month, hitting $0.00007207 on Dec. 12, 2024. Hitting $0.00007207 from present costs will lead to a rally of about 204%.
3. dogwifhat (WIF)
WIF is the third cryptocurrency that’s outperforming Bitcoin (BTC). WIF is up by 40.4% within the every day charts, 75.3% within the weekly charts, 60.6% within the 14-day charts, and 51.4% over the earlier month. Despite the rally, WIF remains to be down by 12.3% from its all-time excessive of $4.83.
CoinCodex anticipates WIF to proceed its rally. The platform predicts the meme cryptocurrency to hit $14.93 on Dec. 12, 2024. Hitting $14.93 from present value ranges will translate to a rally of about 262.38%.
