Peanut

Elon Musk

<h2 id="key-points">Key Points</h2> 
<ul> 
 <li>PNUT is today’s top gainer with a significant price surge of around 230%.</li> 
 <li>The squirrel that inspired this memecoin was earlier mentioned by Musk.</li> 
</ul> 
<p>In a volatile crypto market, the PNUT memecoin is seeing a significant price surge today, reaching one new ATH after another.</p> 
<p>At the moment of writing this article, PNUT is trading around $1.42, up by almost 230% in the past 24 hours. The coin’s market cap is $1.42 billion.</p> 
<figure id="attachment_53066" aria-describedby="caption-attachment-53066" style="width: 100%" class="wp-caption alignnone">
 <img loading="lazy" decoding="async" class="wp-image-53066 size-full" src="https://crypto.ro/en/wp-content/uploads/2024/11/PNUT_1D_graph_coinmarketcap-3.jpeg" alt="PNUT price in USD today" width="1200" height="800" title="PNUT Price Reached a New ATH at $1.42 18" srcset="https://crypto.ro/en/wp-content/uploads/2024/11/PNUT_1D_graph_coinmarketcap-3.jpeg 1200w, https://crypto.ro/en/wp-content/uploads/2024/11/PNUT_1D_graph_coinmarketcap-3-300x200.jpeg 300w, https://crypto.ro/en/wp-content/uploads/2024/11/PNUT_1D_graph_coinmarketcap-3-1024x683.jpeg 1024w, https://crypto.ro/en/wp-content/uploads/2024/11/PNUT_1D_graph_coinmarketcap-3-768x512.jpeg 768w, https://crypto.ro/en/wp-content/uploads/2024/11/PNUT_1D_graph_coinmarketcap-3-750x500.jpeg 750w, https://crypto.ro/en/wp-content/uploads/2024/11/PNUT_1D_graph_coinmarketcap-3-1140x760.jpeg 1140w" sizes="(max-width: 1200px) 100vw, 1200px">
 <figcaption id="caption-attachment-53066" class="wp-caption-text">
  PNUT price in USD today
 </figcaption>
</figure> 
<h2 id="musk-s-support-for-peanut-the-squirrel-behind-pnut-memecoin">Musk’s Support for Peanut – the Squirrel behind PNUT Memecoin</h2> 
<p>A few hours ago, Elon Musk shared a <a href="https://x.com/elonmusk/status/1856502075162800482" rel="nofollow" target="_blank">post</a> via his X account, writing that “the prophecy has been fulfilled,” and shared a meme from six years ago featuring a squirrel in armor, hinting at Peanut the Squirrel, the Internet sensation animal which led to the creation of PNUT memecoin.</p> 
<p>Musk has been recently posting a lot about Peanut, after the squirrel was recently taken away from its New York owners just to be euthanized by authorities.</p> 
<p>Musk also announced today that, together with Vivek Ramaswamy, they will lead the new Dept. of Government Efficiency, recently mentioned by Trump in an official statement.</p> 
<p>The cabinet’s<a href="https://crypto.ro/en/news/trump-appointed-elon-musk-and-vivek-ramaswamy-to-lead-dept-of-government-efficiency/"> future measures</a> have been laid out, and the entire memecoin sector recorded price volatility amidst the announcement.</p> 
<p>Despite some memecoins seeing significant price drops in the last 24 hours, PNUT is today’s top gainer.</p> 
<h2 id="pnut-s-price-rally-triggered-by-its-binance-listing">PNUT’s Price Rally, Triggered by Its Binance Listing</h2> 
<p><a href="https://crypto.ro/en/cryptocurrencies/peanut-the-squirrel/">PNUT</a> debuted a notable price rally on November 11, when Binance <a href="https://crypto.ro/en/news/binance-will-list-act-and-pnut-with-seed-tag-today/">announced</a> its listing on the platform, along with OKX, KuCoin, Bybit, Crypto.com, and others. On that day, the coin saw a price surge from $0.12 which continues today, taking the token’s price to new heights.</p> 
<p>On November 12, HTX also announced the listing of PNUT, contributing to the coin’s price rally.</p> 
<p>PNUT is a memecoin on Solana that was created in the memory of the New York squirrel which became a star on the Internet before it was<a href="https://x.com/TMZ/status/1855490604299399670" rel="nofollow" target="_blank"> confiscated</a> from its human parents, together with its companion, Fred, the raccoon.</p>

PNUT Price Reached a New ATH at $1.42

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