Which Crypto Coin Is Winning the Market Right Now?

Memecoins are in the limelight in 2024, as many new meme-themed crypto coins amazed investors with constant gains. Many ruled investors’ portfolios, including Pnut and GOAT, with their bullish performance. More importantly, investors detected a new meme trend every new month, offering a diverse and profitable crypto market for investors.

In the past few weeks, investors witnessed GOAT and Pnut prices performance buzzing with gains. As a result, they are still trending among investors with favoring gains, which is common in the Solana memecoin category. With that, many questioned which is the winning asset at this time among these two.

Peanut The Squirrel and Goatseus Maximus Emerge as Top Crypto Coins

In the versatile crypto market, trends form and die easily, where newly launched crypto coins take over the older ones. At present, such trending cryptos are the Peanut the Squirrel and Goatseus Maximus, both with different characteristics but in the same category, grabbing investors’ attention.

Goatseus Maximus gained popularity with its connections with the Truth terminal, which became the first AI bot millionaire after pumping the GOAT coin price with constant promotions. The token is still moving with the market’s bullishness, maintaining its demand in the crypto market.

Similarly, the Peanut the Squirrel token has also emerged as the trending crypto with heavy returns on investment. This was a new squirrel-themed crypto, which even Elon Musk endorsed in one X post. As a result, the Pnut price has pumped 2987% ever since its launch.

Analyzing The Pnut Price Vs GOAT Price Performance

Peanut the Squirrel token was launched at the beginning of November 2024 with a listing price of $0.05217. Ever since then, the Pnut coin price has surged  2987%, currently trading at $1.65 with a market cap of $1.65B, making it the 62nd biggest crypto coin on CoinmarketCap. In just two weeks, it has become the crypto market sensation, with $1.43B in trading volume.

On the other hand, the GOAT coin was launched in October 2024 and has surged 858% since then, currently trading at $1.04. Additionally, it has a market capitalization of $1.04B, making it the 82nd biggest crypto in the market, where its trading volume is $385.67M.

Which One is Winning Between These Two Crypto Coins?

Both the crypto coins are still performing well on the charts, attracting more investors. However, the trend is likely set down, with the Bitcoin price dropping from its earlier peak. As a result, the GOAT price has dropped 7% in the last 24 hours, moving 21% away from the ATH of $1.36 set in just two days.

This happened after the token entered an overbuying zone, leading to trend reversal after attaining the peak. In contrast, the Pnut price is recovering from the consolidation after hitting the ATH of $2.47 six days ago. However, despite that, it is 32% away from its prime.

At the time of reporting, both the crypto tokens are in a similar phase after attaining an early high. More importantly, these have further growth potential with their rising demand and upcoming bull run, both becoming the winners of this battle.

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Pooja Khardia

With a deep-seated passion for reading and five years of experience in content writing, Pooja is now focused on crafting trending content about cryptocurrency market.

As a dedicated crypto journalist, Pooja is constantly seeking out trending topics and informative statistics to create compelling pieces for crypto enthusiasts. Staying abreast of the latest trends and advancements in the field is an integral part of her daily routine, fueling a commitment to delivering timely and insightful coverage

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.