Meme and Trump-themed concept sectors in the crypto market performed well, accounting for more than half of the trading volume rankings

On November 14th, according to SoSoValue data, the Meme sector performed well, with an overall increase of 11.90%, and the AI Meme concept sector increased by 12.19%. In addition, the Trump theme concept sector performed well, with an increase of 189.05%, among which Peanut the Trump (PNUT) performed well, with a 24-hour increase of 324.49% and a trading volume of over 6 billion US dollars.

In terms of overall market trading volume, Meme projects continue to attract a large amount of liquidity. Among the top 10 cryptocurrencies (excluding stablecoins) in the past 24 hours, there were as many as 6 Meme coins, namely DOGE, SHIB, PEPE, WIF, BONK, and PNUT.