Two Solana memecoins, ACT I: The AI Prophecy (ACT) and Peanut the Squirrel (PNUT), recently listed on Binance for spot trading, witnessing monumental gains. Amid the Solana memecoin surge, Dogecoin (DOGE) continues to rocket following a series of bullish events.
Binance listed two memecoin for spot trading earlier this week: Act I: The AI Prophecy (ACT) and Peanut the Squirrel (PNUT). Although tagged as volatile assets, the coins have seen parabolic gains, with many calling it the “Binance Effect.” While ACT and PNUT revel in their post-listing gains, Dogecoin (DOGE) continues to surge after President-elect Donald Trump enlisted Elon Musk and Vivek Ramaswamy to lead the Department of Government Efficiency or DOGE.
Pauline Shangett, CMO of ChangeNOW, has this to say about recent events:
“It has been widely accepted that cryptocurrencies are ushering in a new era of finance. However, the rate at which matters have changed since Trump’s victory is staggering and signals great things to come.”
Memecoin are Making Millionaires
The post-election crypto surge has surpassed everyone’s wildest imagination, with Bitcoin (BTC) leading the charge. Bitcoin (BTC) set yet another ATH after reaching $93,434. While Bitcoin may set the example of what is possible in the crypto market, memecoins have entered the spotlight, registering near-impossible gains.
ACT and PNUT are currently the talk of the town after listing on Binance for spot trading on Tuesday. ACT gained over 2,220% in the past week, and PNUT registered gains exceeding 1,637%.
Join us as we delve into ultra-popular memecoins making overnight millionaires.
Peanut the Squirrel (PNUT) Enters the Top 100
PNUT, inspired by a pet squirrel named Peanut that was euthanized by New York authorities against its owner’s wishes, has become a viral sensation, causing an unprecedented social media frenzy amid the election. The memecoin was listed on Binance earlier this week and has skyrocketed since. PNUT gained over 1,600% in the past week and is up over 270% today. PNUT’s rally came after tech mogul Elon Musk referenced Peanut’s death in a post on X (formerly Twitter).
PNUT’s rally resulted in it entering the top 100 altcoins by market cap.
ACT Soars 2,000% Hours After Binance Listing
Binance also listed Act I: The AI Prophecy (ACT) on its platform this week. The Solana-based memecoin is an open-source and decentralized platform enabling multiple AI systems to work together to create innovative AI interactions with human users. ACT, the Act I ecosystem’s native token, powers the platform and can be used for staking.
ACT gained over 2,100% in the past week and is up 4.53% over the past day, trading at $0.618.
Dogecoin (DOGE) Rally Continues as Trump Administration Announces Policy
Dogecoin (DOGE) is the largest memecoin by market cap and is the 6th largest crypto with a market cap exceeding $53.4 billion. Elon Musk, the world’s richest man with a net worth exceeding $300 billion, is the CEO of Tesla, owner of social media platform X (formerly Twitter), and one of the president-elect’s most prominent supporters and has long endorsed Dogecoin. Musk recently joined the Trump campaign and was integral to Trump’s victory, and his involvement with the republican party could see DOGE run to new highs in the coming months.
DOGE’s surge stepped into overdrive after Donald Trump released a statement revealing that Elon Musk and Vivek Ramaswamy will lead the Department of Government Efficiency, or DOGE. According to Trump, DOGE will pave the way for his administration to “dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditure, and restructure Federal Agencies – Essential to the “Save America” Movement.”
According to the statement, Musk commented,
“This will send shockwaves through the system, and anyone involved in Government waste, which is a lot of people!”
Husky Inu (HINU): A Solana Memecoin with Equal Potential
Husky Inu (HINU) is one of the newest members of the Solana network, created to bring its holders more value and utility by harnessing the power of this popular blockchain. Husky Inu recently launched the presale of its native token, HINU, with tremendous success, and the two are on a mission to conquer the memecoin industry through a robust and supportive community with innovative features and enhanced rewards.
Since going live, the presale has generated over $486,000, with numbers rapidly rising. Husky Inu is working on some exciting things, including an Earn App and a Decentralized Exchange. The Earn App will reward users with HINU tokens for engaging with the project, and the Decentralized Exchange will facilitate decentralized trading to improve utility and value for HINU holders. Husky Inu boasts several unique features that set it apart from traditional investment opportunities, including a capped token supply, a deflationary mechanism, speedy transactions, and charity voting.
Husky Inu is your chance to make up for lost ground if you missed the DOGE, ACT, and PNUT train.
Visit the following links for more information on Husky Inu:
Website: Husky Inu Official Website
Twitter: Husky Inu Twitter
Telegram: Husky Inu Telegram
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
