Top Meme Coin Gainers This Week: PNUT, PEPE, DOGE, and BRETT

Over the past week, the cryptocurrency market has been enjoying a bullish run with Bitcoin surpassing $90K. This has been reflected in the market capitalization of the assets and the trading volume over the past week. At the time of writing, the weekly overall market cap is at $2.92T, while the weekly volume is at $226.41B. Further, the Fear and Greed Index is at 72, signifying a potential Greed in the market. With the market on the rise, let’s look at the major gainers of this week.

Among the top gainers of this week is Peanut the Squirrel (PNUT). The meme coin on the Solana blockchain has garnered attention among traders. Although the coin witnessed significant traction in the past week, it faced a slight dip in the last 24 hours and was trading at $1.80, plunging by 11.45%. It has a market cap of 1,786,425,190, and its 24-hour trading volume was at 3,281,698, indicating a steep decline of 42.35%.

Pepe (PEPE) has emerged as the next contender of this week’s gainers. Maintaining a consistent surge over the past week, the meme coin’s price doubled following the Bitcoin rally. Following its $10B market cap, Pepe entered the top 15 cryptocurrencies after the Coinbase listing. At the time of press, the frog-themed meme coin was trading at $0.00002157 and a one-day increase of 1.08%. The coin has a market cap of $9,027,263,459. The trading volume for the past 24 hours is $10.16B, witnessing a slight fall of 54.07%.

Dogecoin (DOGE) leads the meme coin rally, surging over 90% in the past week, reaching its highest price in three years. The coin, backed by Elon Musk, gained traction after Trump’s win in the elections. At the time of writing, the coin stands at $0.37, with its market cap at $55.04B. The 24-hour trading volume of the coin is $14.78B. If the coin sustains the support level at 0.35, then it could expect a potential bull win to $0.56, which would be a tremendous jump of 45%.

Brett Based (BRETT), built on the BASE Layer 2 blockchain, has garnered the attention of traders by pushing over 50% in the last 7 days, marking a 190% gain since its inception. Predictions of the coin indicate that it would hit $1 this cycle, sparking investor interest. At the time of writing, the coin is trading at $0.17, an increase of 84.04%. The market cap of the coin sits at $1.72B, with 18.82% growth, pushing the coin to the 62nd position in the top 100 cryptocurrencies by market cap.