Meme coins have been the star of the current crypto market bullish cycle with Peanut the Squirrel (PNUT), Mog Coin (MOG), Pepe (PEPE), dogwifhat (WIF), and Popcat (POPCAT) printing significant gains in the past 24 hours while the total market cap of the meme coin sector broke past the $123 billion mark after a 6% surge in the past 24 hours.
According to the data from CoinMarketCap, the market cap of the meme coin sector rose from $55 billion on November 5 to more than $123 billion at the time of writing. This significant gain can be attributed to the massive price gains printed by Dogecoin (DOGE), Shiba Inu (SHIB), and the meme coins mentioned above.
PNUT is one of the best-performers in the digital asset space lately, rising 138% in the past day. It is currently trading at $2.11, ranking 52nd on CoinMarketCap with a market cap of $2.11 billion. In the past seven days alone, PNUT has gained 1447.06%, and 3891.92% in the last 30 days. The trading volume of PNUT …
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