While these three coins aroused great interest among investors, their market volumes and prices increased significantly.

Peanut the Squirrel (PNUT) token increased by 300% in the last 24 hours, increasing its market value to $1.6 billion.

Such a huge rise not only attracted the attention of investors, but was also an indicator of increased trust in the token.

This rapid rise of Peanut the Squirrel seems to have increased the interest in the meme coins of the Solana ecosystem.

Bonk, known as Solana’s most established meme coin and having made its first major debut in the market, increased by 33%.

Bonk’s market capitalization has grown significantly, reaching $2.6 billion.

Happy Cat (HAPPY) token increased by 41% and managed to increase its market value to 113 million dollars.

This rise of Bonk and Happy Cat attracts attention, especially in a period when the demand for meme coins is increasing.

The rise of these coins accelerated after the US inflation data for October.

According to data released on November 13, the Consumer Price Index (CPI) increased to 2.6% and the core CPI remained stable at 3.3%.

These data were close to the inflation rates expected in the market, which created a reassuring situation for investors.

Analysts state that they think that if inflation remains above 2.0%, the Federal Reserve will not take a more hawkish stance in the upcoming meetings and will not increase interest rates further.

This had a positive impact on the cryptocurrency market and helped increase the prices of meme coins.

At a time when the price of Bitcoin is hovering around $90,000 and analysts are predicting that Bitcoin will make a strong comeback and reach $100,000, it is not surprising that meme coins are also making a strong rise.

Meme coins become attractive to investors thanks to their lower prices, especially as demand for major cryptocurrencies such as Bitcoin increases.

For example, an investor who buys $10,000 worth of Bonk or Happy Cat can make more profit than an investor who invests the same amount in Bitcoin.

The trading volume of these meme coins is also increasing noticeably. Bonk’s 24-hour trading volume reached 2.8 billion dollars, surpassing its market value.

This shows that interest in the coin and volume in the market is increasing. Bonk’s futures open positions also reached record levels, exceeding $27 million.

Happy Cat’s transaction volume exceeded 25 million dollars. The increase in trading volume of these coins may continue as more investors and traders start trading in the market.

Most transactions occur on popular Solana DEX networks; Among these, platforms such as Raydium, Orca and Meteora stand out.

Donald Trump’s victory in the election could also be another factor supporting the rise of meme coins. Trump promised to focus on friendly regulations to make the US the capital of the cryptocurrency world.

This promise means a great opportunity for investors. Friendly regulations and greater acceptance for cryptocurrencies could also lead to meme coins gaining value.

The rise of meme coins like Bonk, Happy Cat, and Peanut the Squirrel shows how not only the Solana ecosystem, but the entire cryptocurrency market is affected from a broader perspective.

The rise of cryptocurrencies is notable not only for major coins like Bitcoin, but also for lower-priced and newer meme coins.

Investors continue to look for opportunities to benefit from the potential of these coins.