Analysis of the 15 Best Performing Cryptocurrencies in the Last 90 Days

(FARTCOIN, MKR, BRETT, IP, VIRTUAL, CORE, EOS, CRV, S, XMR, PENGU, CAKE, WIF, PEPE, SUI)

Market Context and Dynamics

In the last 90 days, the cryptocurrency market has shown high volatility, driven by factors such as regulatory optimism, institutional adoption, and the resurgence of memecoins. The list includes established projects, utility tokens, privacy coins, and assets based on humor or specific communities. Below, we detail the origin, function, and reasons behind the performance of each:

1. FARTCOIN

- Origin: Likely a satirical memecoin inspired by humorous themes ("fart" = "flatulence"). Such projects tend to emerge in online communities (e.g., Reddit or Telegram) without clear utility.

- Function: Generally serves as a speculative asset or to incentivize engagement on social networks.

- Performance: May have been driven by influencer campaigns or coordinated "pumps."

2. MKR (MakerDAO)

- Origin: Created in 2017, it is the governance token of MakerDAO, the leading platform for decentralized loans (DeFi) on Ethereum.

- Function: Used to vote on protocol decisions (such as DAI interest rates, a stablecoin backed by collateral).

- Performance: Appreciation linked to the recovery of the DeFi sector and updates like "Endgame," MakerDAO's expansion plan.

3. BRETT

- Origin: Likely a memecoin based on comic book characters (e.g., Brett from the Boy’s Club series), popularized on networks like Twitter.

- Function: Purely speculative, focusing on low-cap trader communities.

- Performance: Hype in chains like Base or Solana, where memecoins gain rapid traction.

4. IP (Internet Protocol?)

- Origin: Unclear. May relate to projects tokenizing intellectual property or physical networks (e.g., Theta Network).

- Function: If associated with web3 infrastructure, it could reward broadband providers.

- Performance: Speculation on partnerships or innovative use of IP on the blockchain.

5. VIRTUAL

- Origin: Possibly linked to the metaverse or virtual environments (e.g., Decentraland, The Sandbox).

- Function: Token for purchasing land, NFTs, or interacting on digital platforms.

- Performance: Resurgence of interest in the metaverse following announcements from major brands.

6. CORE

- Origin: Native token of Core DAO, a blockchain that seeks to integrate Ethereum Virtual Machine (EVM) with Bitcoin consensus.

- Function: Used for governance, staking, and fee payments.

- Performance: Appreciation after listing on exchanges like Binance and expectations of interoperability.

7. EOS

- Origin: Launched in 2018, EOS is a blockchain for dApps focusing on scalability.

- Function: Payment for network resources (CPU, RAM).

- Performance: Possible recovery after years of undervaluation and plans for EOS 2.0.

8. CRV (Curve DAO)

- Origin: Token from Curve Finance, the largest decentralized exchange (DEX) for stablecoins.

- Function: Governance and liquidity incentives.

- Performance: Surge after recovery of TVL (total value locked) and reduction of circulating supply.

9. S (S Network?)

- Origin: Little public information. It may be a new project or a poorly identified ticker.

- Function: Speculative.

- Performance: Possible pump from Telegram groups or recent launch.

10. XMR (Monero)

- Origin: Leading privacy coin, launched in 2014.

- Function: Anonymous transactions through techniques like ring signatures.

- Performance: High demand for privacy amid increasing regulation.

11. PENGU

- Origin: Thematic NFT altcoin featuring penguins, common on chains like Solana or Avalanche.

- Function: Entertainment and speculation.

- Performance: Viral spread in social media communities.

12. CAKE (PancakeSwap)

- Origin: Token from the main DEX on Binance Smart Chain (BSC), launched in 2020.

- Function: Rewards for liquidity and governance.

- Performance: Growth of BSC and token burn to reduce supply.

13. WIF (dogwifhat)

- Origin: Dog-themed memecoin popularized on Solana.

- Function: Purely speculative.

- Performance: Hype in trading communities and listing on exchanges.

14. PEPE

- Origin: Memecoin inspired by the character Pepe the Frog, launched in 2023 on Ethereum.

- Function: Entertainment and high-risk betting.

- Performance: Resurgence of interest in memecoins following the rise of Dogecoin.

15. SUI

- Origin: Layer 1 launched in 2023 by former Meta (Facebook) developers.

- Function: Fast and scalable blockchain for dApps and NFTs.

- Performance: Strategic partnerships and increasing projects built on the network.

Common Performance Factors

- Memecoins (FARTCOIN, BRETT, WIF, PEPE): Driven by cultural trends and aggressive speculation.

- DeFi (MKR, CRV, CAKE): Recovery of TVL and innovations in lending and swaps.

- Technology (SUI, CORE, EOS): Bets on scalability and interoperability.

- Privacy (XMR): Flight to anonymity amid regulatory scrutiny.

Risks and Considerations

While projects like MKR and SUI have technical fundamentals, memecoins are highly volatile and dependent on social sentiment. Investors should analyze utility, team, and adoption before allocating resources. Recent performance does not guarantee future results, especially in a market influenced by ephemeral narratives.