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Cryptocurrency News Articles

The recent crypto rally has left some rich while others have complained of huge losses. What do traders say about it?

Nov 20, 2024 at 04:41 am

PEPE (PEPE) and Peanut the squirrel (PNUT) became one of the top-performing assets in the meme coin sector. In recent weeks, their growth has outpaced

The recent crypto rally has left some rich while others have complained of huge losses. What do traders say about it?

Meme coins have outperformed the market in recent weeks, with some tokens posting triple-digit gains. But what do traders have to say about the phenomenal growth of assets like PNUT and PEPE?

Crypto.news spoke with several traders who shared their PNUT success stories. One user, going by the nickname Mark, said he was touched by the news about the Peanut squirrel being euthanized in the U.A.S.

A trader bought $100 worth of tokens shortly after the news about the squirrel. In just a week, he earned more than $3,500. He admitted that he was very proud of his result even though some traders managed to gain millions on popular tokens.

“I admit, honestly, I did not expect growth of even 10%. I often saw stories about traders making 100x the price of popular tokens. But for me, such stories have always been from fantasy and a one-in-a-million chance. After all, while someone earns millions, someone loses them. Therefore, I did not expect anything special from my investments. I just decided to support the poor squirrel. Apparently, it reciprocated my feelings.”

Another story of fantastic faith was shared with crypto.news by a user named Drop Guru. Back in the spring, he bought PEPE tokens on a wave of general excitement. Soon, PEPE’s popularity faded, and his portfolio dropped significantly.

The trader did not lose hope and was in no hurry to sell the tokens. He believed that the potential of meme coins had yet to be fully explored and that the market was waiting for a new wave of growth—the main thing was to be patient.

“I have a good character trait that helps me in trading. I try not to succumb to FOMO and not to take impulsive actions. And this time, I saw the return of my actions. I calmly waited for my portfolio to grow and sold PEPE with a profit of 40%. It’s not bad. I could have gotten more, but it is essential to stop in time and fix the profit.

Original source:crypto

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Other articles published on Oct 13, 2026