November Altcoin Surge: PNUT, PEPE, and BONK Rise
The crypto market has experienced a surge of growth in November, with several altcoins experiencing impressive price increases. PNUT, PEPE, and BONK have emerged as standout performers, each with weekly gains exceeding 100%.
Peanut the Squirrel (PNUT)
PNUT stunned the market with a remarkable 1,526% price increase in a week. Elon Musk's tweet mentioning the squirrel-themed memecoin sparked interest. PNUT is currently valued at $1.65 with a market cap of $1.6 billion.
Pepe (PEPE)
PEPE, a frog-inspired memecoin, surged 118% last week. Listings on Coinbase and Robinhood increased accessibility and boosted demand. Pepe is currently trading at $0.00002225, showing steady daily growth.
Bonk (BONK)
Bonk, a dog-themed token, climbed 105.8% over the past week. Built on Solana, Bonk has a community-first approach. Half of its supply was airdropped to Solana users, fueling its rapid growth. Bonk is currently priced at $0.000052 with a market cap of $3.6 billion.
These altcoins' impressive performances highlight the power of unique events and community support in driving price surges. As the crypto market continues to evolve, it remains to be seen which altcoins will emerge as the next top performers.