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This week, Shrub (SHRUB), First Convicted RACCON (FRED), and Act I The AI Prophecy (ACT) are the top gainer tokens, skyrocketing by 4359.7%, 4206.9%, and 2732.4% in price, respectively.
Shrub (SHRUB)
What caused the price surge?
1 factor seem to be fueling Shrub (SHRUB)'s popularity:
- Elon Musk’s Pet Hedgehog
Elon Musk’s public introduction of his pet hedgehog, named Shrub, has garnered significant attention. This revelation has inspired the creation of the SHRUB cryptocurrency, leveraging Musk’s influence to attract investors.
SHRUB key stats (as of 11/14/2024):
- Price: $0.1898
- Blockchain: Ethereum
- Market Cap: $178,084,068
- 24-Hour Trading Volume: $53,542,981
First Convicted RACCON (FRED)
What caused the price surge?
1 factor seem to be fueling First Convicted RACCON (FRED)'s popularity, such as:
- Meme Coin Hype
Inspired by the viral potential of coins like Dogecoin, FRED has attracted a following of meme enthusiasts who are drawn to its humor and community-driven nature. This social-driven momentum is fueling interest and trading activity.
FRED key stats (as of 11/14/2024):
- Price: $0.2377
- Blockchain: Solana
- Market Cap: $229,915,113
- 24-Hour Trading Volume: $221,699,925
Act I The AI Prophecy (ACT)
What caused the price surge?
2 factors seem to be fueling Act I The AI Prophecy (ACT)'s popularity, such as:
- Binance Listing
The primary catalyst for ACT’s recent surge is its listing on Binance, one of the world’s leading cryptocurrency exchanges. The announcement of the listing led to a significant increase in both price and trading volume.
- AI and Meme Integration
ACT’s fusion of AI concepts with meme culture appeals to a broad audience, attracting both tech enthusiasts and meme coin investors
ACT key stats (as of 11/14/2024):
- Price: $0.7394
- Blockchain: Solana
- Market Cap: $715,881,504
- 24-Hour Trading Volume: $2,246,316,740
Are these tokens a good investment?
It’s important to check tools like the Hype Score and Token Authenticity Score on mc².fi to see if the token’s growth is sustainable or if it’s starting to slow down.
Finding it complex? Here's a full on get-started-with-meme-coin-trading by our top trader!
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