Dogecoin has seen remarkable growth recently, prompting a surge in newer meme coins like PNUT and FRED. After the tragic euthanization of two pets due to rabies concerns in New York, the meme coin PNUT skyrocketed 1,524% within a week, reaching a price of $1.65 and a market cap over $1.5 billion. Another coin, First Convicted Raccon, inspired by the raccoon involved in a similar incident, gained 383% in just 24 hours. Other meme coins reflecting viral stories, such as Harambe and various animal-themed tokens, have also reported significant gains. The community engagement around these memes highlights an evolving trend in cryptocurrency, linking animal stories and market movements. There’s competition among tokens associated with Jorgie Boy, a seized monkey, with multiple coins rallying support from the crypto community, reflecting its significant impact in this emerging meme coin landscape.

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