Amidst the racing crypto market that takes Bitcoin to new ATHs almost on a daily basis, the memecoin sector is also performing great.
Here are some of the best-performing memecoins in this month.
Top 5 Memecoins This Month
1. Peanut the Squirrel (PNUT)
Since its launch at the beginning of this month, PNUT managed to record a surge of almost 2,200% as of today, November 22.
The coin reached a market cap of over $2 billion in the first nine days since its launch, and it now stands at a $1.23 billion market cap.
The coin’s price rally debuted on November 11 from $0.12 and reached a top on November 14, close to $2.33. The memecoin’s price surge was fueled by its Binance listing and boosted more by Elon Musk’s mentions via X.
PNUT is a memecoin inspired by a squirrel that used to be an Internet sensation until authorities confiscated it from its owners and euthanized it together with its friend, Fred the raccoon.
2. Act I: The AI Prophecy (ACT)
ACT is another memecoin that recorded an impressive surge since its debut at the end of last month. So far, the coin’s price surge has been around 1,800%.
The memecoin’s impressive price rally was triggered by its Binance listing on November 11, when its price surged from $0.02 to $0.87 on November 15, when it hit a market cap of almost $826 million.
At the moment of writing this article, ACT is trading at $0.48, and the coin has a market cap of over $460 million.
ACT is an AI coin, that explores emergent behavior from multi-AI, multi-human interaction.
3. Bertram the Pomeranian (BERT)
BERT is another memecoin that was created at the beginning of this month, and since, it recorded a price surge of 1,822% as of today, November 22.
BERT’s price rally debuted on November 13, from $0.002 levels, reaching a top close to $0.18 on November 15. Now, the memecoin has a market cap of almost $69 million and it’s trading at $0.07.
BERT’s market cap surged from $2 million to almost $60 million in just eight hours, following a media story that highlighted the craze around the memecoin.
BERT is a memecoin named after Bertram the Pomeranian and it was created after a fun online contest in NYC where people voted for the animal as Honorary Dog Mayor.
4. Goatseus Maximus (GOAT)
GOAT is another coin that recorded a significant price surge since its debut in October. As of today, GOAT is up by over 750%, trading at $0.9, and having a market cap of $908 million.
The coin recorded almost a continued upward trend but also saw increased volatility since its October debut. GOAT reached a maximum of $0.34 on November 17, hitting a market cap of $1.34 billion.
On October 24, Binance launched futures trading for GOAT, supporting the coin’s further price surge.
GOAT is a memecoin related to an autonomous AI called Truth Terminal.
5. Fartcoin (FARTCOIN)
FARTCOIN is another memecoin that recorded a significant price surge since its debut last month. As of today, the coin is up by almost 520%, and has a market cap of almost $384 million.
The memecoin debuted a notable price rally on November 6 from $0.05 levels and reached an ATH on November 21 over $0.41 when it also hit a market cap of $421 million.
FARTCOIN is a memecoin on Solana.
The Memecoin Season is Here
Memecoins have emerged as more than just speculative assets as Binance’s new CEO, Richard Teng, recently highlighted in a note celebrating his first year at Binance.
Memecoins are a cultural phenomenon, and they often serve as the first step to entering the crypto market for younger, Internet-native users according to him.
Binance has been recently integrating memecoins on the platform as well, calling this integration a testament to how digital assets are expanding their relevance beyond finance, reaching various aspects of daily life.
The exchange said there will be many more memecoin integrations as digital assets are going mainstream.
