November to Remember: The Wildest Month of 2024 in Crypto
- Mumu
- Dec 5, 2024
- 3 min read
Updated: Dec 7, 2024
TL;DR: November 2024 was peak degen season—Trump wins, BTC hits $99.7K, memecoins moon, dino coins roar, and Binance/Coinbase listings send projects to the stratosphere. Chaos, pumps, and FOMO ruled the month. 🌕🚀
November 2024 wasn’t just any month in crypto—it was the kind of rollercoaster ride that makes even the most hardened degens question reality. Trump reclaimed the White House, Bitcoin soared to new heights, and memecoins stole the show in ways that only memecoins can. Strap in, because this month had it all: ATHs, epic pumps, and a sprinkle of chaos.
Election Night BTC Fireworks
Forget about polls—crypto markets called the U.S. election faster than any pundit could. As the Trump victory rolled in, Bitcoin shattered its previous all-time high, rocketing to $74,000 before going full turbo to $99,700 within two weeks. “The orange coin and the orange man—unstoppable,” joked one Twitter degen.
But BTC wasn’t the only winner. The real shenanigans were happening across altcoins and memes.
DOGE Army Rallies to $70B
DOGE showed the world it’s not a joke (or maybe it is?) by surging from a $25 billion to a $70 billion market cap. Fueled by election buzz and an Elon nod, the Shiba Inu mascot cemented its spot as the king of memecoins. And speaking of Musk…
PNUT Moonshot: Powered by a Tweet
Binance’s new listing, PNUT, went from snack to feast. An Elon Musk tweet sent the coin spiraling from $100M to $400M, eventually peaking at a ridiculous $2.4B market cap. It’s the kind of pump that makes you question if we’re all just living in Musk’s simulation.
Dino Coins Roar Back to Life
November wasn’t just about memes—dino coins (XRP, ADA, XLM, HBAR, ALGO) roared like it was 2017 again. These ancient beasts saw an aggregate market cap explosion, climbing from $45 billion to a whopping $170 billion (+280%). Call it Jurassic Pump, because they were the month’s top performers.
AI Agents & Memes: A New Frontier
AI-powered coins joined the November madness. VIRTUAL led the pack, multiplying 6x and solidifying itself as the poster child of the AI agent narrative. On-chain memes like AI16Z, ZEREBRO, and FARTCOIN also went wild, proving that AI and humor are a match made in crypto heaven.
The Meme Trifecta’s Rise and Fall
GOAT, NEIRO, and MOODENG dominated the first half of November with astronomical pumps before running out of steam. Degens still swear by their "cult-like" communities, though some bags are heavier than others right now.
Binance Dominates the Listings Game
Binance listings fueled some of the month’s biggest movers:
ACT went from $20M to $800M faster than you can say “ape.”
THE pumped a mind-blowing 20x, proving that names are overrated.
HYPE airdrop broke records, climbing from $3 billion to $10 billion FDV—a literal hype train.
Coinbase Joins the Party
Meanwhile, Coinbase tapped into memecoin mania, listing PEPE, WIF, and FLOKI. PEPE hit a new ATH with a jaw-dropping $11 billion market cap, reminding everyone why frogs rule the internet.
The Solana Mid-Cap Renaissance
Solana’s mid-cap gems—DRIFT, RAY, KMNO, and CLOUD—enjoyed a post-election glow-up, showing strength throughout the week after the election. Solana’s comeback narrative is alive and well.
November 2024 was one for the history books. If this month taught us anything, it’s that crypto thrives on chaos—and we wouldn’t have it any other way. December, you’ve got some big shoes to fill.
