Peanut

Hedera

Frenzy

Coin

<ul class="wp-block-list news-points">
 <li><strong>PNUT has surged a massive 3,000% in the past month.</strong></li>
 <li><strong>XRP is back above $1 price level while surging 101.97% in the past week.</strong></li>
 <li><strong>HBAR has surged 40.95% in 24 hours while surging 120% in the last week.</strong></li>
</ul>
<p>Meme coin Squirrel the Peanut (PNUT) has exploded over 3,000% in the past month, while altcoin XRP surged 113.82%. But one analyst says the altcoin season hasn’t even started yet.</p>
<p>In a post on X, <a href="https://x.com/Altcoinbuzzio/status/1858395933068894544" target="_blank" rel="noopener noreferrer nofollow">Altcoin Buzz</a> noted that only 5 of the top 100 digital assets by market capitalization have increased over 100% in the last 7 days. These include PNUT, XRP, Hedera (HBAR), Mantra (OM), and Stellar (XLM). Meanwhile, Bitcoin is approaching its all-time high.</p>
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<p>As per CoinMarketCap <a href="https://coinmarketcap.com/currencies/bitcoin/" target="_blank" rel="noopener noreferrer nofollow">data</a>, Bitcoin is trading at $91,642.13, up 1.25% in the past 24 hours while altcoins were also green. XRP rose 10.17% and is finally back above the $1 price level, currently trading at $1.17, up 101.97% in the past week, reaching a market cap of $66.56 billion. Meanwhile, PNUT is trading at $1.66, up 1.57% in the past day. In the last seven days, the altcoin has surged 354.29%, claiming a market cap of $1.66 billion.</p>
<h2 class="wp-block-heading" id="h-hbar-om-and-xlm-form-an-uptrend">HBAR, OM, and XLM Form an Uptrend</h2>
<p>HBAR has surged 40.95% in the past 24 ho…</p>
<p>The post <a href="https://coinedition.com/crypto-paradox-meme-coin-frenzy-defies-altseason-logic/" rel="noopener noreferrer nofollow">Crypto Paradox: Meme Coin Frenzy Defies Altseason Logic</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Crypto Paradox: Meme Coin Frenzy Defies Altseason Logic

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