PEPE, PNUT, and PONKE: The Memecoin Trifecta Taking Over

Memecoins are surging to new heights, with Pepe (PEPE), Ponke (PONKE), and Peanut the Squirrel (PNUT) leading the pack. The memecoin market now commands a staggering $126.54 billion market cap, with $31.96 billion traded in the last 24 hours alone.

PEPE dropped 3.64% in the past 24 hours and is trading at $0.00002028, skyrocketing 51.94% in the last seven days. In the last month, the memecoin has surged a significant 96.95% while the altcoin’s price has increased 1687.70% since November 2023.

With a market cap of $8.53 billion, PEPE is ranked as the third-largest memecoin by valuation while claiming the 18th position overall. PEPE printed its all-time high at $0.00002524 and is trading at a discount of 19.82% from it.

Meanwhile, PNUT dropped 4.4% in the past 24 hours and trades at $1.63, down 34.06% from its all-time high of $2.47 witnessed five days ago. The memecoin has exploded a whopping 229.37% in the past week alone and has printed 2972.25% in gains in the past 30 days. The cryptocurrency’s tremendous price surge allowed PNUT to claim a market cap of $1.62 billion, making it the ninth-largest memecoin by market cap.

Diving Deeper into PONKE

PONKE is ranked 150th on CoinMarketCap and is up 11.77% in the past 24 hours, currently trading at $0.8139. With a market cap of $452.17 million, the Solana-based memecoin project has shown significant growth potential. PONKE’s price increased 60.99% in the past week and 104.34% in the last 30 days.

Read also: Dogecoin’s Second Bull Flag: Key to Massive Breakout? DOGE to $0.90

In the past year, PONKE surged 910.40%. The altcoin hit its all-time high at $0.8409 just two hours ago and is currently down 3.14%.