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Winnie The Pooh-Themed Coin Soars 46% As Memecoins Continue To Soar Despite Bearishness Seen In Bigger Cryptos Like Bitcoin, Ethereum, Dogecoin

A cryptocurrency themed around the adorable Winnie the Pooh character has boosted the fortunes of its holders after raking in big gains lately.

What Happened: POOH POOH/USD, created solely for entertainment purposes, jumped 46% in the last 24 hours, according to CoinMarketCap data. Over the past week, its value has more than doubled. 

With the parabolic lift, the token’s market cap surged past $17 million. Around $3.42 worth of trades involving POOH were executed in the last 24 hours, marking an increase of 17.66%. The surge comes at a time when the more popular currencies like Bitcoin BTC/USD, and Ethereum ETH/USD and Dogecoin DOGE/USD exhibited sluggishness.

Despite having a…

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