Crypto Paradox: Meme Coin Frenzy Defies Altseason Logic
- PNUT has surged a massive 3,000% in the past month.
- XRP is back above $1 price level while surging 101.97% in the past week.
- HBAR has surged 40.95% in 24 hours while surging 120% in the last week.
Meme coin Squirrel the Peanut (PNUT) has exploded over 3,000% in the past month, while altcoin XRP surged 113.82%. But one analyst says the altcoin season hasn’t even started yet.
In a post on X, Altcoin Buzz noted that only 5 of the top 100 digital assets by market capitalization have increased over 100% in the last 7 days. These include PNUT, XRP, Hedera (HBAR), Mantra (OM), and Stellar (XLM). Meanwhile, Bitcoin is approaching its all-time high.
As per CoinMarketCap data, Bitcoin is trading at $91,642.13, up 1.25% in the past 24 hours while altcoins were also green. XRP rose 10.17% and is finally back above the $1 price level, currently trading at $1.17, up 101.97% in the past week, reaching a market cap of $66.56 billion. Meanwhile, PNUT is trading at $1.66, up 1.57% in the past day. In the last seven days, the altcoin has surged 354.29%, claiming a market cap of $1.66 billion.
HBAR, OM, and XLM Form an Uptrend
HBAR has surged 40.95% in the past 24 ho…
The post Crypto Paradox: Meme Coin Frenzy Defies Altseason Logic appeared first on Coin Edition.
Читать больше
Crypto Paradox: Meme Coin Frenzy Defies Altseason Logic
- PNUT has surged a massive 3,000% in the past month.
- XRP is back above $1 price level while surging 101.97% in the past week.
- HBAR has surged 40.95% in 24 hours while surging 120% in the last week.
Meme coin Squirrel the Peanut (PNUT) has exploded over 3,000% in the past month, while altcoin XRP surged 113.82%. But one analyst says the altcoin season hasn’t even started yet.
In a post on X, Altcoin Buzz noted that only 5 of the top 100 digital assets by market capitalization have increased over 100% in the last 7 days. These include PNUT, XRP, Hedera (HBAR), Mantra (OM), and Stellar (XLM). Meanwhile, Bitcoin is approaching its all-time high.
As per CoinMarketCap data, Bitcoin is trading at $91,642.13, up 1.25% in the past 24 hours while altcoins were also green. XRP rose 10.17% and is finally back above the $1 price level, currently trading at $1.17, up 101.97% in the past week, reaching a market cap of $66.56 billion. Meanwhile, PNUT is trading at $1.66, up 1.57% in the past day. In the last seven days, the altcoin has surged 354.29%, claiming a market cap of $1.66 billion.
HBAR, OM, and XLM Form an Uptrend
HBAR has surged 40.95% in the past 24 ho…
The post Crypto Paradox: Meme Coin Frenzy Defies Altseason Logic appeared first on Coin Edition.
Читать больше