There’s been a noticeable increase in discussions about memecoins lately, likely due to the favorable market conditions they’re currently experiencing. Coins like $PNUT, $DOGE, and MOODENG are garnering attention, particularly in the animal-themed segment of the market.
Interestingly, $PNUT has a counterpart, Convicted Racoon ($FRED), which is also gaining significant bullish momentum. Since its launch, $FRED has seen impressive growth, boasting over a 1500% increase. It seems animal-themed coins are taking center stage this bull season.