Altcoin Analysis of the Biggest Gainers of November 2024
Altcoin Analysis: Top Gainers This Week
The second week of November 2024 saw numerous altcoins in the top 100 making notable gains. However, the key players were all classified as meme coins. In this article, we will delve into the top three altcoin gainers: Peanut the Squirrel (PNUT), Pepe (PEPE), and Bonk (BONK).
Peanut the Squirrel (PNUT)
PNUT dominated the gainers with a staggering 2,091% surge in just seven days, primarily due to surprise Binance listings. As a result, its market cap exceeds $1 billion, inching toward $2 billion. Current trading price is $1.84.
Pepe (PEPE)
PEPE witnessed an impressive 118% rise, reaching a new all-time high following its listing by Robinhood and Coinbase. Currently priced at around $0.000023, it faces resistance and support thresholds that could dictate its future price movements.
Bonk (BONK)
Bonk surged over 100% this week, benefiting from a listing on Binance US, which catalyzed demand. Priced now at $0.000043, it remains above key moving averages indicating a bullish trend.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.