Memecoins are in the spotlight in 2024 as many new meme-themed crypto coins have amazed investors with consistent gains. Many investor portfolios dominated, including Pnut and GOAT, with their bullish performance. More importantly, investors have detected a new meme trend every new month, providing a diverse and profitable crypto market for investors.
Over the past few weeks, investors have seen price increases in GOAT and Pnut. As a result, they are still trending among earnings-oriented investors, which is common around the world. Memecoin Solana category. With that, many wondered which was the winning trump card of the moment among these two.
Peanut The Squirrel and Goatseus Maximus emerge as top crypto coins
In the versatile crypto market, trends form and disappear easily, where newly launched crypto coins take over older ones. Currently, the trending cryptos are Peanut the Squirrel and Goatseus Maximus, both with different characteristics but in the same category, attracting the attention of investors.
Goatseus Maximus gained popularity through his connections with the Truth terminal, which became the first AI robot millionaire after increasing the price of GOAT coins with constant promotions. The token is still moving with the market uptrend, maintaining its demand in the crypto market.
Similarly, the Peanut the Squirrel token has also become the trending crypto with heavy investment returns. It was a new squirrel-themed crypto, which even Elon Musk approved in an X post. As a result, the price of Pnut has increased by 2987% since its launch.
Pnut Price Analysis vs. GOAT Price Performance
The Peanut the Squirrel token was launched in early November 2024 with a list price of $0.05217. Since then, the price of Pnut coin has surged 2,987%, currently trading at $1.65 with a market cap of $1.65 billion, making it the 62nd largest crypto coin on CoinmarketCap. In just two weeks, he became the sensation of the crypto market, with a trading volume of $1.43 billion.
On the other hand, GOAT coin launched in October 2024 and since then has surged 858%, currently trading at $1.04. Additionally, its market capitalization is $1.04 billion, making it the 82nd largest cryptocurrency in the market, where its trading volume is $385.67 million.
Which one wins between these two cryptographic coins?
Both crypto coins are still performing well in the charts, attracting more investors. However, the trend is probably reversing, with the Bitcoin Price down from its previous high. As a result, GOAT price fell 7% over the past 24 hours, moving 21% away from the ATH of $1.36 set in just two days.
This happened after the token entered an overbought zone, leading to a trend reversal after reaching the top. On the other hand, Pnut price is recovering from consolidation after reaching the ATH of $2.47 six days ago. However, despite this, he is 32% away from his peak.
At the time of writing, both crypto tokens are in a similar phase after hitting an early high. More importantly, these have further growth potential with their increasing demand and their next bull run, both becoming the winners of this battle.
Pooja Khardia
With a deep-rooted passion for reading and five years of experience in content writing, Pooja is now focused on creating trending content in the cryptocurrency market. As a dedicated crypto journalist, Pooja is constantly on the lookout for trending topics and informative statistics to create compelling articles for crypto enthusiasts. Keeping up with the latest trends and advances in the field is an integral part of his daily routine, fueling his commitment to providing timely and insightful coverage.
Disclaimer: Content presented may include the author’s personal opinion and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or publication assumes no responsibility for your personal financial loss.
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