Current Market Overview
PUPS•WORLD•PEACE (PUPS) has emerged as a standout performer in the cryptocurrency space, particularly within the Bitcoin ecosystem. Recent data shows:
- Current Price: $0.16116261 USD (7.53% increase over 24 hours)
- Total Supply: 968,445,660 tokens
- Circulating Supply: 0 tokens (all tokens currently held)
- 24H Trading Volume: $2,692,194.40 across 6 active markets
👉 Track real-time PUPS price movements
Recent Market Performance Highlights
October 2024 Milestones
Runes Protocol Dominance:
- Total Runes market cap reached $13.4 billion
- PUPS ranked #2 with $180.98 million market cap (13.5% share)
- Combined with DOG ($539.14M) and RSIC ($102.87M), these top 3 projects represent over 60% of total Runes valuation
Key Growth Periods
September 2024:
- PUPS (Ordinals) recorded 68.9% single-day price surge
- Outperformed competitors like BILLION•DOLLAR•CAT (+45.3%) and DOG•GO•TO•THE•MOON (+30.3%)
April 2024:
- Price peaked at $85.36 (77.7% daily increase)
- Market cap reached $663 million at peak
- BRC-20 NFT sales exceeded $14 million daily (+283%)
Technical and Fundamental Analysis
Protocol Migration
- Successfully transitioned from BRC-20 to Runes protocol
- Resolved ordkit claiming issues for Rune Puppets (ordinal)
- Migration portal remains open with pending deadline announcement
Market Behavior Patterns
Exhibits strong volatility with technical indicators showing:
- Support level established at $13.29
- Descending triangle pattern suggesting bullish continuation
- RSI rebounded from 30 (oversold) to 55 (mid-range)
👉 Learn about trading PUPS with advanced charts
Notable Investor Activity
paulo.sol Portfolio Movements
Became largest PUPS holder on Solana with:
- 101,712 PUPS purchased at $59 avg. price ($5.97M total)
- Additional investments in POPCAT (430,000 tokens) and other memecoins
Historical successes include:
- $9.51M profit from WIF
- $7.04M profit from boden
- $6.28M profit from BONK
Whale Accumulation
Major investor acquired 54,161 PUPS at $70 average:
- Total position value: $2.88 million
- Funded through boden ($1.15M) and WIF ($2.63M) sales
Market Position and Competitors
BRC-20 Token Rankings
- ORDI
- SATS
- PUPS ($565M market cap at $72 price point)
Solana Memecoin Trading Volume (24H)
- WIF ($174M)
- PUPS ($127M)
- BODEN ($31M)
Future Outlook and Considerations
Price Predictions
- April 2024 projections ranged between $73.16 (low) to $200.68 (high)
- Current technical patterns suggest potential upward momentum
- Runes protocol adoption remains key growth driver
Risk Factors
- High volatility inherent to memecoins
- Dependence on Bitcoin ecosystem developments
- Competitive pressure from newer meme tokens
FAQ Section
Q: Is now a good time to invest in PUPS?
A: While PUPS shows strong historical performance, always conduct personal research and consider market volatility before investing.
Q: What makes PUPS different from other memecoins?
A: Its early mover advantage in the Bitcoin ecosystem and successful protocol migration set it apart from newer projects.
Q: Where can I track PUPS price changes?
A: Several cryptocurrency exchanges list PUPS, along with portfolio tracking tools that monitor its performance.
Q: How does the Runes protocol affect PUPS?
A: The improved token standard offers enhanced functionality, potentially increasing PUPS' utility and value long-term.
Q: What happens to unmigrated PUPS tokens?
A: According to the team, tokens not migrated before the deadline (when announced) will be permanently burned.