Key Takeaways
If it is the case that well-performing meme coins are a sign of a healthy crypto market, then things look to be going well right now.
Four of the biggest crypto gainers today (Oct. 15) have been meme coins, with TURBO, MEW, NEIRO, and BOME leading the way.
Meanwhile, Bitcoin Cash has been on an upturn and is the best-performing crypto that isn’t a meme coin. Let’s take a closer look.
Turbo prides itself on being the leading AI-created meme coin. The Ethereum-based token has been on an upturn this year, rising by more than 2,000% over the last 12 months.
Although TURBO still hasn’t matched its all-time high of $0.00945, set on May 29, 2024, it has been moving upwards recently.
On Oct. 15, 2024, TURBO was worth $0.01121, up 28% over the previous 24 hours.
Cat In A Dog’s World is a meme coin with a cat as its representative rather than the usual dog mascot. The crypto traded at over a cent not long after its release in March but has yet to reach that level again.
That said, based on the Solana blockchain, the token has been on an upturn in recent days thanks to its listing on the Kraken exchange . On Oct. 15, it was up more than 14% in 24 hours, trading at $0.008.
The largest string of meme coins with the NEIRO ticker, First Neiro On Ethereum, has been one of the sector’s biggest success stories over the last month.
A string of exchange listings has propelled the token into the top 100 cryptos by market cap.
On the morning of Oct. 15, 2024, NEIRO reached an all-time high of $0.0023.
While it has fallen since then, its afternoon price of $0.002245 meant it had climbed 13% over the course of 24 hours.
Book of Meme is yet another meme coin that has been caught up in recent market excitement. The Solana-based token came out in March, peaking at an all-time high of 0.02805 on March 16.
Since then, it has mainly hovered at around one cent, but a daily upturn of 12% saw it peak at $0.01038 on Oct. 15.
Bitcoin Cash, a spin-off of Bitcoin, has been enjoying some positive upward momentum recently as its parent coin has also gone on an upturn.
While BCH is unlikely to make the same headlines as BTC, investors can be pleased with the coin’s recent performance.
On Oct. 15, the coin was trading at $360.62, meaning it had climbed 9.45% over the previous 24 hours.