{"id":142414,"date":"2024-11-16T19:00:54","date_gmt":"2024-11-16T17:00:54","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=142414"},"modified":"2024-11-16T12:42:32","modified_gmt":"2024-11-16T10:42:32","slug":"memecoins-outshine-crypto-market-with-103-gains-in-a-month","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/memecoins-outshine-crypto-market-with-103-gains-in-a-month\/","title":{"rendered":"Memecoins Outshine Crypto Market with 103% Gains in a Month"},"content":{"rendered":"<p>Dogecoin (<strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/dogecoin\/\">DOGE<\/a><\/strong>) and Pepe (<strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/pepe\/\">PEPE<\/a><\/strong>) <strong><a href=\"https:\/\/app.artemis.xyz\/home\" target=\"_blank\" rel=\"nofollow\">led<\/a> <\/strong>the surge, gaining 196.1% and 115%, while PepeCoin rose 121.1%. Solana-based Bonk (<strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bonk1\/\">BONK<\/a><\/strong>) and Base\u2019s Brett (<strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/based-brett\/\">BRETT<\/a><\/strong>) also saw significant gains.<\/p>\n<p>In contrast, election-related memecoins like MAGA (TRUMP) tumbled, with a 72% loss.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">~50% of all narrative mindshare is AI &amp; Memes. <a href=\"https:\/\/t.co\/MGmNKxIphQ\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/MGmNKxIphQ<\/a><\/p>\n<p>\u2014 Kaito AI \ud83c\udf0a (@_kaitoai) <a href=\"https:\/\/twitter.com\/_kaitoai\/status\/1857074517434093602?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">November 14, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Insights from Kaito AI showed memecoins dominating 24% of crypto discussions on X. Meanwhile, the \u201cstore of value\u201d sector, including Dash (<strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/dash\/\">DASH<\/a><\/strong>) and Litecoin (<strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/litecoin\/\">LTC<\/a><\/strong>), posted a 48.2% average return, followed by smart contract-focused blockchains like Cardano (<strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/cardano\/\">ADA<\/a><\/strong>) with 47.1%. Solana (<strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/solana\/\">SOL<\/a><\/strong>) and Sui (<strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/sui\/\">SUI<\/a><\/strong>) managed gains of 24.3%, slightly above the market average.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/glassnode-founders-predict-bitcoin-surge-as-us-dollar-weakens\/\" title=\"Glassnode Founders Predict Bitcoin Surge as US Dollar Weakens\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/Bitcoin-NTB-1jp-1024x683-1-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Glassnode Founders Predict Bitcoin Surge as US Dollar Weakens<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Other sectors such as oracles, DEXs, and DeFi also outperformed, while AI and social tokens fell 1.6% and 4.6%, respectively. The worst performance came from the data availability sector, which dropped 14.6%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Over the past month, memecoins have outperformed the broader cryptocurrency market with an average return of 103%, far exceeding the market\u2019s 16.1%, according to Artemis.<\/p>\n","protected":false},"author":9,"featured_media":139099,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-142414","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Memecoins Outshine Crypto Market with 103% Gains in a Month<\/title>\n<meta name=\"description\" content=\"Over the past month, memecoins 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