Shanzhai Group Dance: A list of cryptocurrencies that have outperformed BTC in 7 days

Shanzhai Group Dance: A list of cryptocurrencies that have outperformed BTC in 7 days

With a series of favorable factors such as the issuance of USDT, MicroStrategy's increased holdings of BTC, and the surge in crypto stocks, BTC hit the $90,000 mark in the early morning of November 12. Although liquidity has not yet spilled over to altcoins in large quantities, some tokens with good fundamentals and narratives have recorded an increase of more than 50%, and DOGE's increase is close to 120%. The following is an inventory of these strong performing tokens to explore how to discover excess Alpha returns.

List of Strong Tokens

Dogecoin – Doge ( +116% , 7d )

Dogecoin (DOGE) was first launched in 2013 by Belgian software engineer Billy Marcus and Australian Jackson Palmer. It was originally a joke cryptocurrency with a Japanese Shiba Inu as its mascot. Dogecoin was initially based on the technology of Bitcoin and Litecoin, using the Scrypt algorithm, which is suitable for paying small transactions. Musk is a well-known supporter of Dogecoin. After he supported Trump's successful campaign for the US presidency, DOGE also became the core asset of Musk's concept.

Keywords: originator of MEME coin, Musk, community-driven, king of Dogecoin.

Act I: The AI ​​Prophecy—ACT ( +2697.36% , 7d )

The Act project aims to create a decentralized community to promote AI research, education, and collaboration. It brings together developers, enthusiasts, and community members to popularize AI knowledge. Act is hosted on the Discord server Cyborgism, where users can interact with a variety of AI chatbots in real time, covering a variety of applications from simple communication to complex role-playing.

AmplifiedAmp, one of the founders of the project, initially held 6% of the tokens, but was accused of personal profiteering due to frequent token sales. Eventually, Amp withdrew from the project, sparking controversy. Amp's departure was a turning point, as the project gained community autonomy and financial support, and the community became more united and worked side by side to develop Act. Subsequently, Binance announced the launch of ACT, and the market heat and coin price exploded.
Keywords: AI Prophecy, AI Community Token, Artificial Intelligence Education.

Peanut – PNUT ( +1166% , 7d )

PNUT is a meme coin issued on Solana. It originated from a widely watched animal protection incident: the euthanasia of a popular squirrel named Peanut aroused strong public dissatisfaction. The birth of PNUT provides a way for people to express their concerns about animal rights and dissatisfaction with government behavior, and it spread quickly through social media during the election.

Keywords: Meme coin, animal protection, social movement, internet celebrity effect

GRASS ( +97% , 7d )

Grass is building the first open, internet-scale web crawling network. The network is currently supported by over 3 million users running nodes to crawl data for AI models. Currently, only two companies in the world can crawl the entire internet, and this capability is the core pillar of their multi-trillion dollar business. Grass aims to replace them and build the first user-owned, web-wide knowledge graph.

Keywords: open network, web crawling, node, AI model, knowledge graph

Ethena – ENA ( +85% , 7d )

Ethena is a synthetic dollar protocol built on Ethereum that provides a crypto-native currency solution that does not rely on traditional banking system infrastructure, while providing a globally accessible dollar-denominated savings tool - "Internet Bonds".

Keywords: synthetic dollar, internet bonds, censorship resistance

Cardano – ADA ( +77% , 7d )

Cardano (ADA) is a third-generation blockchain platform that aims to provide more efficient, secure and scalable solutions than previous blockchain generations. Cardano's design is based on scientific research and academic peer review, emphasizing scalability, security and interoperability. The goal is to create a sustainable, decentralized financial and application ecosystem.

Keywords: Proof of Stake (PoS), eUTXO model, smart contract programming language

NEIRO ( +81% , 7d )

Neiro is a cryptocurrency project based on the Shiba Inu Neiro, whose owner is the famous creator of the Doge meme. The project will donate some of its tokens to Ethereum founder Vitalik Buterin to verify the security of the token contract and increase the project's visibility.

Keywords: Vitalik Buterin, Doge meme, Kabosus, community split

Goatseus Maximus – GOAT ( +70% , 7d )

GOAT is a meme coin that has triggered a wave of "AI meme coin" concept. The birth of GOAT is closely related to the AI ​​agent "Truth Terminal". Although GOAT was not created by AI, Truth Terminal's tweets and marketing have greatly promoted GOAT's popularity. GOAT was first proposed by "Truth Terminal" in a conversation, and then someone quickly created GOAT coins on the platform and triggered hype. Through continuous publicity on social platforms and support from well-known investors in the industry, GOAT's market value soared to US$800 million in a short period of time. Although it is positioned as an "AI meme coin", GOAT still requires human control of content release and fund operations, and has failed to achieve complete autonomy.

Keywords: AI agent, a16z, AI religion

SUI ( +68% , 7d )

Sui is an innovative Layer1 that uses a unique object-centric data model and secure Move programming language to solve the inefficiencies in the existing blockchain architecture. On top of the technical foundation, Sui also improves the user experience and lowers the threshold for using Web3 applications through innovations such as zkLogin, sponsored transactions, and programmable transaction blocks, making them more convenient and user-friendly.

Keywords: Move programming language, sponsorship transactions, parallel execution, horizontal expansion

WorldCoin – WLD ( +58% , 7d )

The core of Worldcoin is the "World ID" global privacy-preserving identity network, which ensures that users can verify their "human identity" online without leaking privacy through zero-knowledge proof. Worldcoin adopts the ERC-20 token standard and runs on the Optimism mainnet. World ID aims to achieve decentralized governance, enhance social fairness (such as reducing fake social media accounts) and explore new social structures such as AI-supported global basic income.

Keywords: Human identity verification, zero-knowledge proof, Universal Basic Income (UBI)

summary

The current market's optimistic expectations are mainly focused on the policy dividends that the Trump administration may bring to the crypto industry. Dogecoin is a representative of this type of asset, combining elements such as Musk's support and MEME culture. The significant progress of Ethena and SUI in the application layer and infrastructure layer has also attracted the attention of investors, further driving the market's enthusiasm. The above projects have surpassed Bitcoin in performance with their innovation, strong community support and response to mainstream trends in the crypto industry.

In addition, the outbreak of tokens such as ACT and PNUT shows that centralized exchanges’ attention to the MEME community may become a long-term trend, and investors should adapt to this change as early as possible.

<<:  BTC aims at $90,000: Who is pushing the price to $100,000?

>>:  Bitwise: Why Bitcoin Will Rise to $500,000 or More and What Will It Take

Recommend

Seven characteristics of a lucky woman's face

Seven characteristics of a lucky woman's face...

Zygomatic bone reading: Can you hold great power?

The "zygomatic bone" is located in the ...

What is the fate of a woman with a bulbous nose?

What will be the fate of a woman with a bulbous n...

The life of the mining industry behind the Bitcoin "roller coaster"

Recently, the price of Bitcoin has been on a roll...

'Blockchain-friendly' proposal advances in North Carolina

Crazy Review : Blockchain industry representative...

What does the fate line mean?

The fate line is a line on our palm. It is also a...

The three best faces for marriage

A person's marriage determines their lifelong...

Should We Be Worried About Tether’s Bitcoin Buying Plans?

Like any good Bitcoin maximalist, Tether holds it...

The Core Development Team’s Six Misinterpretations of Bitcoin’s Hard Fork

The problem of Bitcoin transaction congestion has...

Do you know the lucky forehead?

The forehead will affect the overall beauty of th...