PNUT Meme Coin Surges Over 20% Following Coinbase Listing Plans
Peanut the Squirrel (PNUT), a Solana-based meme coin, saw its value jump by 20% after Coinbase announced plans to include the token in its listing roadmap.
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Peanut the Squirrel (PNUT), a Solana-based meme coin, saw its value jump by 20% after Coinbase announced plans to include the token in its listing roadmap.
One Solana (SOL)-based memecoin is going parabolic after top US crypto exchange Coinbase added the digital asset to its listing roadmap. Coinbase announced adding Peanut the Squirrel (PNUT) to the roadmap, triggering a more than 31% gain Wednesday. PNUT is trading for $1.34 at time of writing. With a market cap of $1.
Meme coins Peanut The Squirrel (CRYPTO: PNUT), Popcat (CRYPTO: POPCAT), and Goatseus Maximus (CRYPTO: GOAT) surged on Wednesday amid significant exchange listing announcements, surpassing the performance of Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB). Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Peanut The Squirrel $1.30 $1.29 billion +30% +4.3% Popcat $1.26 $1.23 billion +14.7% -8.9% Goatseaus Maximus $0.6855 $685.4 million +29.2% -11.8% Dogecoin $0.4123 $60.5 billion +7.3% +0.0% Shiba Inu $0.00002917 $17.1 billion +13.8% -2.5% Trader Notes: Crypto trader Dami-Defi predicts PNUT could bring life-changing opportunities.
Coinbases listing of PNUT sent shockwaves through the crypto market, driving the Solana-based token up 35% to $1.35. With $1.5 billion in trading volume, PNUT now leads the meme coin pack, eclipsing competitors like POPCAT and MOG COIN.
A meme coin based on the internet-famous squirrel Peanut is surging Wednesday after Coinbase revealed plans to list it for trading.
Peanut the Squirrel, the viral meme coin, has been added to Coinbase's asset roadmap. PNUT has been officially included in Coinbase's asset roadmap.
Solana-based memecoin Peanut the Squirrel (PNUT) saw a sharp 20% price increase after Coinbase revealed plans to add it to its listing roadmap. PNUT's market cap climbed to $1.34 billion, overtaking other notable meme coins such as POPCAT and MOG COIN.
Peanut the Squirrel is added to the Coinbase listing roadmap after a significant rise in popularity and value.
PNUT meme coin surges 20% as Coinbase plans listing; trading volume hits $1.5 billion. The post Solana meme coin $PNUT surges 20% on Coinbase listing news appeared first on Crypto Briefing.
A crypto token based on a squirrel called Peanut ($PNUT) is seeing amazing growth, potentially making this coin a windfall opportunity for investors to get excited over. Launched on the Solana blockchain, Peanut is based on a rescued injured squirrel.
Peanut the Squirrel (PNUT) achieved a $1 billion market cap in just 11 days, significantly faster than Dogecoin (DOGE), which took over four years.
Crypto prices traded higher on Friday for most assets as Bitcoin (BTC) targeted the $100,000 milestone again following last week's failed attempt. Algorand, Peanut the Squirrel and XRP are among top performers on the day. Market data shows the global cryptocurrency market cap rose to $3.
Crypto exchange giant Kraken is adding a slew of altcoins to its listing roadmap, signaling upcoming additions to its suite of products.
In this weekly analysis of meme coins, BeInCrypto observed that these tokens experienced mixed results. While some tokens saw gains, others grappled with significant losses.
Almost all meme coins in the top 100 alts are down by double digits now.
Themed cryptocurrencies have recorded explosive gains over the last few sessions as Bitcoin opened the patch to the sought-after $100,000. Meanwhile, Santiment data shows meme tokens have gained popularity, fueling the prevailing bull rally. The increased interest in the tokens positions top memes for remarkable gains in the upcoming months.
Despite the pullback, the price of PNUT is over 1,500% up on a weekly scale.
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Bullish sentiment is at its peak and crypto market participants are projecting a continued upside for the Dogecoin pice in the coming weeks and months. According to crypto analyst Ash Crypto, the crypto market is going to continue on this run into the next six to twelve months.
The crypto market has been riding a positive wave since the previous day. The optimism has led to a 3.74% spike in market cap to $2.99 Trillion. However, despite the surge in valuations, the trade volumes have dipped 5.31%, with the numbers at $301.48 billion.
Meme coins have taken the cryptocurrency market by storm, capturing investor attention with impressive gains. The rapid growth of meme coins like PEPE and PNUT has made them some of the best-performing digital assets.
Cryptocurrency prices today continue to spark significant discussions among market traders and investors globally. While Bitcoin (BTC) price hit a new ATH over the past day, top altcoins mainly illustrated gaining trajectories.
TL;DR Peanut the Squirrel (PNUT) and FRED, two animal-inspired memecoins, have seen spectacular increases, reaching valuations of $1.73 billion and $169 million. Pepe (PEPE) has recorded a 120% growth in the last week, driven by its inclusion in major exchanges like Robinhood and Coinbase.
Bitcoin's rally fuels optimism across the crypto market, with altcoins and meme coins posting impressive gains.