High Flying PNUT Meme Coins, Here Are 2 Other Tokens You Must Pay Attention To!

PNUT meme coins jumped after taking the floor on Binance. (Photo; Doc. pnutsol)

JAKARTA - The memecoin market jumped sharply after Donald Trump returned to the seat of president of the US. Trump's election resulted in an increase in Bitcoin which continues to set a new record high this week. Likewise, other memecoins such as Dogecoin (DOGE) and Shiba Inu (SHIB) as well as various other tokens.

In the midst of this trend, three memecoins recorded an extraordinary increase and managed to attract the attention of crypto investors:

The $PNUT token, orten the Squidrrel, stole public attention in the memecoin market with incredible price increases. The memecoin was inspired by the tragic story of death, a squirrel that was seized and euthanized by the New York government last October.

The story of a squirrel is spread across the internet, inviting public sympathy. It also encourages its supporters to launch a token called Why The Squirel (PNUT). In the last seven days, PNUT tokens have soared to 652%, including a 258% increase in just the last 24 hours. These tokens are currently actively trading on several large exchanges such as Gate.io, Raydium, and Bitget. Most recently, Binance has also listed these tokens, which caused PNUT to rise hundreds of percent.

This $DOGE token is not the famous native Dogecoin, but stands for "Department of Government Efficiency." Launched as a community memecoin project last September, DOGE aims to raise public awareness of efficiency and transparency in government spending.

In the past week, DOGE recorded a 32% increase, while over a month, the token increased to 1,839%. After Trump's victory, the DOGE community welcomed the news that Elon Musk would lead a government commission aimed at increasing budget efficiency. Many community members hope this move can have a positive influence on DOGE prices in the future.

The $CORGIAI token, or CorgiAI, also experienced a significant spike after the election. After experiencing a decline from the peak price at the beginning of the year, this token bounced back with an increase of 108% in the last seven days, as well as an increase of 82% in the last 30 days. The CorgiAI community recently held an election prediction campaign for President Don's NFT holders, who will get a special prize based on the results of the US election.

In addition to the three tokens above, other memecoins such as Dogecoin and Shiba Inu (SHIB) have also recorded significant increases, 80% and almost 50% of each in the past week. According to CoinGecko data, other memecoins in the top 10 such as PEPE, BONK, FLOKI, WIF, and BRETT also show a positive trend.