What happened last week in memecoins in the crypto world

- DOGE Soars Over 20%: The iconic memecoin DOGE surged to its highest level in five months, climbing over 20% to reach $0.18. This rally was driven by whale traders exchanging more than $50 million worth of DOGE on Binance, signaling a renewed interest in the cryptocurrency.

- Fresh Memecoins on the Rise: Newcomers WUFFI and KLAUS made a splash right out of the gate, experiencing significant price increases as traders sought high-risk, high-reward opportunities in the market.

- BOOK OF MEME Gains Momentum: The quirky BOOK OF MEME project on Solana appears well-positioned to continue its upward trajectory, captivating traders with its unique concept.

The memecoin landscape is ever-evolving, with new projects constantly emerging and established favorites making headlines. Let’s delve into some of the most notable memecoin news and developments from the past week, as well as the latest quests available on CoinSniper for those seeking early-stage memecoin gems.

DOGE Hits 5-Month Highs

In a standout moment for memecoin enthusiasts, DOGE reached its highest price in over five months, surging past $0.18 on October 29. This increase was accompanied by substantial inflows, with over 350 million DOGE tokens moving to centralized exchanges, as reported by IntoTheBlock. The influx, totaling over $51 million in just a week, has set the stage for potential profit-taking, yet a remarkable 85% of DOGE addresses are still in the green, indicating resilience even during challenging market conditions.

With this heightened exchange activity and significant whale transactions, DOGE may be poised to sustain its momentum. However, this rapid rise also presents short-term traders with opportunities to realize profits.

PEPE Experiences a Dip Amid Whale Selling

Next up, PEPE, the beloved memecoin linked to the cartoon frog, faced a pullback. Following reports of a major whale selling off over 1 trillion PEPE tokens—valued around $9.7 million—its price dipped by 4%. Despite this setback, long-term holders of PEPE likely remain unfazed; the coin retains a strong community and a memorable brand identity. Unless further coordinated sell-offs are detected, the dip is seen as a temporary correction rather than a significant threat to its standing.

Trump Coins Surge on 2024 Election Speculation

In a curious twist, "Trump coins," including projects like DJT and MAGA, witnessed notable price surges fueled by rumors surrounding a potential 2024 presidential run by Donald Trump. DJT skyrocketed over 80% in just one day, while MAGA rose more than 19%. This phenomenon highlights how cryptocurrencies themed around public figures can attract micro-communities and experience volatility, particularly in bullish market conditions.

New Memecoins WUFFI and KLAUS Make Waves

As Bitcoin stabilized, new memecoins WUFFI and KLAUS emerged, each recording impressive gains of 49% and nearly 55%, respectively. These rapid increases underscore the allure of novelty in the crypto space, attracting traders eager for high-risk opportunities. Maintaining long-term interest will be a challenge for these new projects, but their ability to generate explosive growth during uncertain market phases demonstrates the ongoing appetite for speculative investments.

Binance Introduces New Futures Pairs

In exchange news, Binance made headlines by launching new futures contracts, including perpetual swaps for the trending token MOODENG. This feature provides traders with sophisticated leverage options, allowing them to profit from or hedge against MOODENG's volatility. By offering flexible exposure without expiration dates, Binance is positioning itself as a central hub for memecoin speculation, granting these projects access to crucial liquidity.

MEW Rockets After Bitstamp Listing

The Solana-based meme token MEW experienced a massive price surge of over 28% after being listed on Bitstamp, reaching a new all-time high. The influx of attention and trading activity illustrates how new exchange support can propel niche memecoins to new heights. While such gains are often temporary, the excitement surrounding a humorous token achieving significant returns continues to captivate traders.

Binance Memecoin Futures Offer Up to 75x Leverage

Further expanding its futures offerings, Binance introduced a GOAT USDT contract, backed by the AI-promoted GOAT cryptocurrency. With a remarkable 75x leverage available for trades, this move provides both casual and serious traders with unprecedented opportunities to capitalize on memecoin volatility.

BOOK OF MEME Set for Continued Success?

The innovative BOOK OF MEME token on Solana allows users to create digital "books" filled with customized memecoins. Although it has pulled back from its all-time highs, the project has still delivered impressive triple-digit gains this year. With ongoing development and a strong community, BOME seems well-positioned to extend its upward trend, especially if the broader crypto market experiences a sustained bullish cycle.

Summary Table of Recent Memecoin Developments

| Meme Coin | News | Price Impact |

| DOGE | Reached 5-month highs amid exchange inflows | +20% |

| PEPE | Whale sold over 1 trillion tokens | -4% |

| DJT, MAGA | Surged on potential Trump 2024 run | DJT +80%, MAGA +19% |

| WUFFI, KLAUS | Saw significant pumps from new listings | WUFFI +49%, KLAUS +55% |

| MOODENG | Binance launched futures contract | Volume spike |

| MEW | Listed on Bitstamp, exploded higher | +28% |

| GOAT | Binance futures offer 75x leverage | +25% |

| BOME | Continuing its bull cycle potential | Triple digit gains YTD |

As always, new memecoin quests are available on CoinSniper for adventurous traders seeking the next hidden gems. The current featured bounty is the WW2coin quest—stay tuned for exciting opportunities!