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Cryptocurrency News Articles
Peanut the Squirrel (PNUT) Soared 1505.29% Since Its Debut in Early November
Nov 13, 2024 at 08:06 pm
The memecoin's market cap surpassed the $900 million mark.
Solana (SOL)-based memecoin Peanut the Squirrel (PNUT) soared over 97.3% in the past 24 hours to mark its new all-time high (ATH).
America was saved by a squirrel and a meme coin!
The memecoin gained attention during the pre-election phase, recording impressive price rallies. Recently, Binance announced the listing of PNUT alongside another AI-related memecoin, ACT (Act I: The AI Prophecy), sparking a rally in both coins.
Here’s a brief story. In early November, PNUT originated in the crypto meme space to honor ‘Peanut,’ the squirrel euthanized by New York’s Department of Environmental Conservation (DEC). Musk supported the animal’s justice on X, thereby spurring the story’s visibility.
Since its debut, PNUT price surged over 1627%, claiming a market share of $931 million. At press time, the memecoin traded at $0.9337.
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