In the fast-paced world of cryptocurrency trading, cryptocurrency and decentralized finance (DeFi) platforms are arousing the curiosity of investors. The three coins that made waves on Sunday were Baby Pengu, Shoggoth, and Strips Finance.

While Baby Pengu saw a massive boom of over 331%, fueled by its charming little penguin branding, Shoggoth captured attention with its unique nod to HP Lovecraft's creepy creations - all while riding a growth wave of over 126%.

Meanwhile, Strips Finance is carving out a niche in the DeFi space, providing a platform for users to hedge and speculate on interest rate derivatives.

Here's a closer look.

Baby Bingo

Baby Bingo (Baby Bingo) runs on the underlying blockchain. As of December 22, it has seen significant price fluctuations, with a notable increase of over 331% at last check on Sunday, reaching around $0.29 per token.

The maximum total token supply is 1 billion, with about 186 million tokens currently in circulation, resulting in a market capitalization of about $54 million, according to Coinbase.

Trading activity is primarily conducted on decentralized exchanges, with Uniswap V2 (Base) being a prominent platform for BABYPENGU transactions.

It seems that the meme coin got its name and logo from clarification From baby penguin cartoon. See chart below.

Shoggoth

shoggoth (Shoggoth) by more than 126% at the last examination on Sunday.

The coin's market value is currently around $56.7 million.

A token on the Solana blockchain, Shoggoth is named after the fictional creature found in author HP Lovecraft's stories. It was first launched on the Pumpfun platform, and has a circulating supply of 1 billion tokens.

Shoggoth is actively traded on decentralized exchanges such as Raydium, and as of December 22, has a daily trading volume of approximately $6,340.

Despite its niche appeal and satirical undertones, Shoggoth seems to have captured the imagination of cryptocurrency traders. See chart below.

Financing tapes

Financing tranches (STRP) is a decentralized platform focused on interest rate derivatives, allowing users to hedge and speculate on interest rate movements.

Strips Finance operates on the Arbitrum and Binance Smart Chain (BSC) networks, offering decentralized exchange services for interest rate swaps and fixed income products.

Its native token, STRP, was up more than 81% at last check on Sunday. It is currently trading at around $1.03, with a market cap of just under $33 million and a circulating supply of 30 million tokens.

STRP can be traded on exchanges such as Sushiswap and Gate.io, with the STRP/USDC.E pair seeing the most activity.