As a seasoned researcher with years of experience in the cryptocurrency market, I find these recent developments quite intriguing. It’s fascinating to witness how meme coins like GOUT, Hasbulla’s Cat (BARSIK), and First Convicted RACCON (FRED) can outperform a heavyweight like Bitcoin in terms of price surges.
Despite Bitcoin dropping under $97,000, the tokens associated with GOUT and Hasbulla’s Cat experienced an impressive triple-digit increase over the past day.
Interestingly, the price pump comes amidst the slight pullback of Bitcoin’s (BTC) price. See below.
Currently, GOUT is leading the pack with a 170% price surge, as per the list of top gainers by CoinGecko.
As a crypto investor, I’ve noticed some impressive surges in the prices of Hasbulla’s Cat token (BARSIK) and First Convicted RACCON (FRED). These tokens have seen price increases ranging from 100% to 170%, which is quite noteworthy.
According to CoinGecko, GOUT’s market value exceeded $55 million. The value of the meme coin has significantly increased from a 24-hour minimum of 0.0001218 dollars to its current price of 0.0003295 dollars.
One of the possible reasons for the surge is the announcement of a new NFT collection.
BARSIK jumps over 100%
1) In just the past 24 hours, BARSIK’s price has soared by more than 100% from its low of $0.03958, now trading at $0.08711 – a significant increase due to increased popularity, likely as a meme coin.
The significant increase in price was likely due to the suggestion from CoinMarketCap that they might add the meme coin to their platform shortly, causing excitement within the cryptocurrency community on X to anticipate the potential listing. This speculation intensified when CMC posted a GIF of Hasbulla, fueling buzz and price surges.
POV of my wallet: watching me ape into another “guaranteed sendooor”.
— CoinMarketCap (@CoinMarketCap) November 23, 2024
Over the past 24 hours, the value of FRED has risen significantly from its lowest point of $0.06208 to a peak of $0.1707. Currently, the price of FRED is reportedly at $0.1297.
The exact reason for its surge is unclear. However, the meme coin has been trending on X.
Rumors have also been circulating that Binance wallet is holding a significant amount of FRED.
Nevertheless, the coin is still down by over 56% from its all-time high of $0.3032 from Nov. 14, 2024.
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2024-11-24 16:00