Highlights:
- The total crypto market cap nears $3 trillion as Bitcoin rallies to $93,400, sparking broad market momentum.
- After Elon Musk’s meme reference, PNUT has skyrocketed 140% in the past 24 hours, attracting massive investor interest.
- After Coinbase and Robinhood listings, Pepe surges 80%, crossing the $10 billion market cap.
The crypto market continues to spark investor interest as prices fluctuate significantly, with the largest trading asset hitting a new all-time high. Bitcoin’s impressive run saw its peak at $93,400, leading to a broad market rally.
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Consequently, the total crypto market cap has surged by 3% and is on the verge of hitting the $3 trillion mark, a level achieved a few days ago. The trading volume continues to hold above the $300 billion mark as the fear and greed index is at 86, indicating “Extreme Greed.”
Amidst the bullish sentiment, let’s take a look at the top crypto gainers today, including Peanut the Squirrel (PNUT), Pepe (PEPE), and Mog Coin (MOG).
Top Crypto Gainers Today
1. Peanut the Squirrel (PNUT)
Amongst the top crypto gainers today is PNUT, a meme coin on the Solana blockchain which is currently trading at $2.11. The surge records a 130% increase over the past 24 hours and an incredibly gain of 3830% increase over the past 30 days. PNUT has been trading on a 24 hour range of $0.8494 and $2.47 with a whopping trading volume of $5.68 billion.
PNUT, which was inspired by Peanut the Squirrel, suddenly gained popularity after Elon Musk referenced a ‘squirrel and a meme coin’ in a X post. He stated, “A squirrel and a meme coin saved America!” This led to a huge upsurge in interest and trading activity.
America was saved by a squirrel and a meme coin!
— Elon Musk (@elonmusk) November 13, 2024
After Musk’s statement, PNUT is the top trending asset that has grabbed a lot of attention from investors and enthusiasts. After posting several significant gains, the token is now positioned as one of the next memecoin to explode, grabbing attention from across the crypto market.
2. Pepe (PEPE)
Pepe the frog-themed memecoin has skyrocketed 80% over the past 24 hours and is currently trading at $0.0000233. Following the recent surge, the coin has been trading on a 24-hour low and high of $0.00001253 and $0.00002524, respectively. In addition, PEPE’s market cap has peaked the $10 billion mark for the first time while the trading volume hovers around $20.55 billion.
Following listings on Coinbase and Robinhood, PEPE surged. A cryptic post by Coinbase with a frog emoji hinted at the listing. Moreover, Robinhood’s announcement that PEPE was available for U.S. users spurred the market interest. This momentum pushed PEPE to an all time high showing a strong retail adoption potential.
Wen?
Now.
PEPE is available for trading.
— Coinbase 🛡️ (@coinbase) November 13, 2024
With Coinbase’s addition, PEPE has become its 4th meme coin listed after Dogecoin, BONK and Shiba Inu. As Robinhood also natively expanded its crypto offerings, Solana, XRP and ADA were added, bringing it up to 19 cryptocurrencies.
3. Mog Coin (MOG)
Mog Coin has been trading on a steady uptrend recently after a consolidation period on the monthly chart. The memecoin has surged by 36%, elevating the price to $0.000002296 over the past 24 hours. In addition, the bullish momentum has made MOG reclaim the $1 billion market cap. The trading volume sees an impressive surge of 140% at $139.25 million.
The technical indicators on the daily chart display a strong bullish outlook for Mog Coin. The Relative Strength Index (RSI) indicator is climbing toward the overbought region with a value of 63. Consequently, this suggests that MOG has further room to grow.
Furthermore, the Moving Average Convergence Divergence (MACD) indicator has turned positive as green bars continue to form in the histogram. The MACD line has maintained above the signal line and continues to climb further, suggesting a further upward journey for MOG.
Final Thought
Today’s top crypto gainers, including Peanut the Squirrel, Pepe, and Mog Coin, reflect the strong bullish sentiment across the market. Surging trading volumes and major milestones highlight the growing interest in these memecoins. In addition, they showcase their potential for further market impact amidst high volatility.
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