As a seasoned crypto investor with over a decade of experience in this wild west of digital assets, I must admit that the recent surge of Catana and Cheyenne has caught my attention like a cat chasing a laser pointer. The triple-digit pumps these meme coins have exhibited are nothing short of spectacular, especially considering their relatively new status.
Cat-themed Catana and horse-themed Cheyenne surge over 250% amidst the renewed market pump.
In the past day, the relatively fresh meme coins Catana and Cheyenne experienced significant surges, with gains exceeding 100%. As a result, they now hold the top spots as the coins with the highest percentage increase on CoinGecko.
The cost of Catana has experienced a substantial increase, rising by approximately 270% over the past 24 hours from a low of $0.008634 to a peak of $0.03586. However, the specific cause for this spike remains undetermined.
The Catana meme token, initially launched on the Solana network, was quickly left by its initial creator following its debut.
Since then, it’s been brought back to life by its enthusiasts, focusing on the widespread cultural significance of cat-themed memes and an innovative anti-speculation feature designed for equitable transactions.
The significant rise in the total value of cryptocurrencies, along with the increase in Solana’s price, seems to be behind Catana’s recent activity on platform X. However, it appears that Catana has not yet initiated any projects or updates that might have caused the price surge.
Horse-themed Cheyenne up by 250%
In just the past day, Cheyenne has experienced a remarkable increase, climbing its way to second place among top gainers with a 250% price hike. The price started at $0.007521 and peaked at an impressive $0.04718.
One plausible explanation for the recent increase in Cheyenne’s value could be BitMart’s upcoming listing of the cryptocurrency. This growth has led the market capitalization of Cheyenne to exceed $43.9 million.
🎉 Exciting News: Cheyenne, represented by @CheyenneCTO, will soon be listed on BitMart! 🌟
— BitMart (@BitMartExchange) November 16, 2024
Ripple reclaims $1
Among the newer meme-based cryptocurrencies, Ripple (XRP) is a prominent figure, experiencing an approximately 30% surge in value.
Since Donald Trump’s re-election as the U.S. President, there has been a notable increase in the value of XRP, this upward trend corresponds with speculation surrounding the potential resignation of SEC Chair Gary Gensler.
The surge also follows a lengthy lawsuit by a group of state attorneys general against the SEC.
The lawsuit alleged the commission of unconstitutional overreach and was filed in the U.S. District Court for the Eastern District of Kentucky.
After that, the value of XRP skyrocketed up to $1.22 from its previous price at $0.8701. At present, XRP is maintaining its position near $1.15.
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2024-11-17 16:00