Publish Date

October 18, 2024

3 Top Gainer Tokens to Watch Out For (Oct 17, 2024)

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This week, Woman Yelling At Cat (WYAC), Department Of Government Efficiency (DOGE), and Cheems Token (CHEEMS) are the top gainer tokens, skyrocketing by 299.4%, 218.9%, and 209.2% in price, respectively.

Woman Yelling At Cat (WYAC)

What caused the price surge?

3 factors seem to be fueling Woman Yelling At Cat (WYAC)'s popularity, such as:

  1. Meme appeal

The token leverages the widespread recognition of the “Woman Yelling At Cat” meme, drawing in a community of meme enthusiasts.

Not financial advice. Source: X

  1. Community-driven growth

WYAC is heavily community-focused, thriving on engagement, collaboration, and fun within its growing user base.

Fame is not a fickle beast? Source: X
  1. Built on Solana‍

WYAC runs on the Solana blockchain, known for its fast transactions and low fees. This makes it easier and cheaper to trade, adding to the token's popularity.

Power of a cat being mean. Source: X

WYAC key stats (as of 10/17/2024):

  • Price: $0.0284
  • Blockchain: Solana
  • Market Cap: $30,114,608
  • 24-Hour Trading Volume: $11,588,809

Department Of Government Efficiency (DOGE)

What caused the price surge?

3 factors seem to be fueling Department Of Government Efficiency (DOGE)'s popularity, like:

  1. Meme appeal

Initially a playful jab at government inefficiency, the meme has resonated widely with the crypto community, transforming into a movement that blends internet culture with financial commentary.

DOGE = Elon + Trump? Source: X
  1. Endorsements from high-profile figures

Backing from prominent figures like Elon Musk and subtle nods from Donald Trump have significantly boosted DOGE’s visibility and credibility.

DOGE does make Elon Musk willing, eh? Source: X
  1. Community-driven decentralization

With over 4,000 holders and a fully decentralized structure, DOGE’s community-driven approach has created a strong sense of ownership and engagement among its supporters.

DOGE ain't a case study, or is it? Source: X

DOGE key stats (as of 10/17/2024):

  • Price: $0.02224
  • Blockchain: Ethereum
  • Market Cap: $22,338,928
  • 24-Hour Trading Volume: $5,673,203

Cheems Token (CHEEMS)

What caused the price surge?

2 factors seem to be fueling Cheems Token (CHEEMS)'s popularity, including:

  1. Community-driven meme culture

Cheems has built a loyal community through humor and engagement, fostering a meme culture that keeps users actively involved and invested in its growth.

Lord Cheems, Arigatō gozaimasu. Source: X
  1. Token burn event

Recent token burn initiatives have reduced the supply of CHEEMS, creating scarcity and boosting investor interest and market momentum.

Cheems got you thinking too? Source: X

Cheems key stats (as of 10/17/2024):

  • Price: $0.00000003773
  • Blockchain: BNB Chain
  • Market Cap: $72,681,330
  • 24-Hour Trading Volume: $21,594,824

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!