PNUT meme coin soars amid Coinbase listing news
Peanut the Squirrel (PNUT) has jumped more than 30% in the past 24 hours, bouncing from under $1 amid positive news.
The PNUT meme coin price hovered near $1.29 on Wednesday afternoon, up from lows of $0.98. Bulls saw its value rise to intraday highs of $1.38.
Coinbase adds PNUT to roadmap
PNUT price spiked more than 30% on Dec. 11 after US-based crypto exchange Coinbase announced the inclusion of Peanut the Squirrel on its listing roadmap. The Solana-based meme coin rose in the wake of the announcement, with broader surges for top coins adding to the upside pressure.
Assets added to the roadmap today: Peanut the Squirrel (PNUT) https://t.co/rRB9d3hSr2
— Coinbase Assets 🛡️ (@CoinbaseAssets) December 11, 2024
Peanut the Squirrel, which went viral in November amid uproar over the killing of Peanut, a squirrel that had become an internet sensation, hit its all-time high of $2.44 on November 14, 2024.
While it pared nearly half of these gains afterwards, PNUT price at the time of writing was up over 3,900% since its lows of $0.03 on Nov. 4.
Coinbase listing will add PNUT to another leading crypto exchange after the world’s largest by trading volume Binance added spot trading. Like it happened then, PNUT price is soaring.
Peanut the Squirrel is currently the 116th largest cryptocurrency and eighth largest meme coin by market cap with over $1.2 billion. In the past 24 hours, the meme coin has recorded a daily volume of over $1.7 billion, with this representing a more than 14% spike.
As well as PNUT, Coinbase has in recent weeks added meme coins such as Moo Deng , DEGEN and Mog Coin.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Trump’s Republican allies unsettled by Elon Musk’s D.O.G.E
Share link:In this post: Elon Musk’s D.O.G.E. has gutted the CFPB, firing employees, shutting down enforcement, and wiping the agency’s name off its headquarters—leaving Trump allies worried it could backfire in court. Russell Vought and other Trump officials fear Elon’s reckless approach could bring lawsuits, allowing the CFPB to survive instead of being quietly dismantled. Government employees are suing the Trump administration anonymously, afraid Elon’s attacks on X and mass firings could put them at ri
Netflix faces backlash for using AI-generated voice of Gabby Petito
Share link:In this post: Netflix used AI to recreate Gabby Petito’s voice in its new docuseries, and people are calling it disturbing and unethical. Viewers slammed Netflix online, saying AI shouldn’t be used to digitally recreate a murder victim’s voice for a documentary. Gabby’s family approved it, but experts argue that murder victims don’t get a say in how their voice is used after death.
Vitalik Buterin joins the resistance against the UK government’s push for Apple user data
Share link:In this post: Vitalik Buterin criticized the UK government for its recent demands for backdoor access to Apple user data. This will be the first time Apple is disabling its data security tool. Apple reassures users that some data, such as health app data, passwords, and communications on iMessage and FaceTime, will remain end-to-end encrypted.
President Trump Declares End to Biden’s Crypto War, Pledges US Bitcoin Dominance
Trending news
MoreCrypto prices
More
