Recently, the cryptocurrency market has been in a big bull run and investors are being more careful about choosing the right exchange and altcoin projects. According to experts' comments, CoinEX exchange has recently stood out as a remarkable platform, while altcoins such as ACT and PNUT are also attracting attention on this exchange. Here, let's take a closer look at two interesting projects traded on CoinEX and on investors' radar.
PNUT: A Meme Token Inspired by the Story of Peanut the Squirrel
PNUT (Peanut the Squirrel) is a meme token on the Solana blockchain, based on the tragic story of an Instagram-famous squirrel named Peanut. With a large social media following, Peanut provided heartwarming posts to his audience. However, after he was confiscated and euthanized by New York State authorities, there was widespread outrage among the community, leading to the desire to create a token that would honor Peanut.
PNUT is a community-driven project. Peanut’s fans support the token in his memory, which adds a strong sense of commitment to the project. Additionally, PNUT has two key areas of focus: animal welfare and Solana’s fast-transaction, low-cost infrastructure. For this reason, it stands out as a good option for investors interested in meme tokens. The Peanut the Squirrel team also aims to contribute to animal rescue efforts, which unites the project around a cause.
PNUT has seen significant growth since its launch. On November 7, 2024, the token’s price reached $0.1179, marking a 34.37% increase. In addition, there was an 86.69% increase last week, indicating that interest in the project continues to grow. If interest continues, PNUT is expected to gain even more value.
ACT: Innovative Project Bringing Together Artificial Intelligence and Crypto World
ACT (Act I: The AI Prophecy) is another interesting meme coin project based on Solana. ACT is described as a decentralized platform where artificial intelligence (AI) systems can interact with humans and other AI systems. The project aims to push the boundaries of AI and develop more advanced AI algorithms by combining technologies such as text and image generation. ACT takes a creative and innovative approach and goes beyond the traditional “benevolent and honest” AI idealism promoted by major companies such as Microsoft and OpenAI.
The ACT token has attracted great attention since October 2024, when it started trading on the CoinEX exchange. ACT, which fell to its lowest level on October 25, reached an all-time high of 0.94 USD on November 14, 2024. Currently trading at 0.73 USD, ACT has recorded a 13% drop in the last 24 hours, but investors continue to be interested in the project and believe it can break new records during the bull run.
Popular Altcoins on CoinEX Exchange
As a result, the CoinEX exchange has now become a major hub for both meme coins and innovative projects. PNUT and ACT attract the attention of investors as coins supported by strong communities and solid projects. If you are considering investing in these projects, you can get detailed information and trade on CoinEX.