Meme Coin Season: Unconventional Cryptos Lead 3-Month Gains

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Meme Coin Season: Unconventional Cryptos Lead 3-Month Gains

Over the past 90 days, Bitcoin has risen by 23.4%. However, eight other cryptocurrencies have seen even more impressive gains, each achieving triple-digit increases during the same period.

90-Day Trends Drive Niche Tokens to New Heights

Statistics from the past week reveal lackluster performances for cryptocurrencies against the U.S. dollar. However, over the past 90 days, several digital assets have seen substantial gains against the greenback. Notably, two meme coins—Pepe (PEPE) and Dogwifhat (WIF)—have surged by 705% and 692.3%, respectively, during this period.

The great meme resurgence—PEPE, WIF, and FLOKI—were the top three crypto gainers over the past three months.

The third-largest gainer of the season was Floki (FLOKI), which surged by 422.88% against the U.S. dollar. The decentralized storage network Arweave’s token (AR) climbed 336.2%, while the artificial intelligence-focused coin (FET) advanced 223.1%. Another meme coin, Shiba Inu (SHIB), saw a 134.4% increase over the past 90 days.

Additionally, three-month data shows that Render (RNDR) experienced a 119.4% rise. NEAR increased by 113.3%, rounding out the eight cryptocurrencies that recorded triple-digit gains against the greenback. Meanwhile, THETA (+84.3%), BNB (+82.1%), FTM (+76.6%), DOGE (+72.9%), GRT (+60%), and BCH (+59.5%) each posted double-digit increases.

MNT, LEO, CRO, HBAR, MKR, SOL, and BTC all saw gains ranging from 23% to 46%. In the rapid 90-day cycle known as a crypto ‘season,’ triple-digit gains can become the norm, sharply contrasting with the steadier pace of traditional finance.

During the unique 90-day timeframe, cryptocurrencies demonstrated remarkable growth, especially within meme coins and specialized tokens. Although such rapid surges are extraordinary and diverge from typical market trends, they underscore the dynamic nature of the crypto sphere. Here, fortunes can swiftly change based on emerging trends or advancements such as decentralized storage and AI technology.