Peanut

Peanut the Squirrel

Bitcoin

Mog Coin

<p>The crypto market is abuzz with <a href="https://coinpedia.org/price-prediction/peanut-the-squirrel-price-prediction-2024-2025-2030-will-pnut-price-10x/" target="_blank" rel="noreferrer noopener">Peanut the Squirrel</a> (PNUT), a quirky Solana-based meme coin that’s stealing the spotlight. Inspired by the internet-famous squirrel Peanut, this token is turning heads with its wild price moves and an unexpected backstory. Following Coinbase’s announcement to list $PNUT for trading, the coin soared 19% in just an hour, hitting $1.27 with a market cap of $1.27 billion.</p>   
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   https://twitter.com/CoinbaseAssets/status/1866868347331088852 
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<p>The coin's popularity has also been fueled by public outrage over Peanut’s controversial euthanization by New York authorities. Viral stories and market trends can really collide to create overnight sensations! </p>   
<p>Could this be the next big thing in crypto? </p>   
<h2 class="wp-block-heading" id="h-the-elon-musk-impact">The Elon Musk Impact </h2>   
<p>An X post from Elon Musk caused PNUT's market cap to skyrocket from $3 million to $140 million in just 24 hours. While the token had seen steady growth since mid-November, it recently slipped 9.7%, now trading at $1.11. Analysts believe this dip reflects broader market trends rather than any issue with PNUT itself.</p>   
<p>While Bitcoin is circling the $100K mark with recent ups and downs investors are taking a chance with As Bitcoin hovers near the $100,000 mark with fluctuating prices, many investors are looking to diversify into smaller, low-cap coins like PNUT. These assets offer the potential for high returns and help spread investment risk.</p>   
<p>Recent weeks have seen significant activity in meme coins and altcoins, with many experiencing notable price surges.</p>   [post_titles_links postid="392070"]   
<h2 class="wp-block-heading" id="h-yet-another-meme-rises-with-coinbase-effect"><strong>Yet Another Meme Rises with “Coinbase Effect”</strong></h2>   
<p>Coinbase’s focus on meme tokens has added momentum to PNUT’s rally. Tokens like Mog Coin (MOG) and Turbo (TURBO) have also benefited, with GIGA hitting a high of $0.077 and TURBO gaining 15% after its listing announcement. PNUT’s 19% surge reflects the so-called “Coinbase Effect,” where coins often see price spikes after being listed or announced for listing.</p>   
<p>Despite these gains, PNUT remains 45% below its November peak of $2.44, reached after a Binance listing sparked a 320% price surge. The Binance listing also solidified PNUT’s place as the top meme coin on Solana’s Pump. fun platform, home to over four million meme tokens.</p>   
<p><strong>High Risk, High Reward</strong></p>   
<p>Meme coins like PNUT offer significant profit potential but come with high volatility. For instance, one trader reportedly turned $16 into $3 million, but such massive swings also highlight the risks associated with these tokens.</p>   
<h2 class="wp-block-heading" id="h-market-rally-brings-altcoins-back-to-life">Market Rally Brings Altcoins Back to Life</h2>   
<p>The broader crypto market is also rebounding, with <a href="https://coinpedia.org/price-analysis/bitcoin-price-prediction-today-12th-dec-2024/" target="_blank" rel="noreferrer noopener">Bitcoin reclaiming the $100,000 milestone</a> and boosting major altcoins like XRP, Dogecoin, and Solana. This recovery follows <a href="https://coinpedia.org/news/cpi-report-today-us-inflation-rises-to-2-7/" target="_blank" rel="noreferrer noopener">U.S. inflation data meeting</a> expectations, which has lifted investor confidence.</p>   
<p>In this rally, PNUT has outpaced larger coins, signaling the potential for a meme coin surge in early 2025. PNUT is currently trading at $1.34 with a market cap of $1.34 billion.</p>   
<p>Crypto analysts are optimistic about PNUT’s future. Some predict a potential 463% price increase, making it one of the most promising meme coins in the market. </p>   
<p>With its growing popularity and strong community backing, PNUT could lead the next wave of meme coin success.</p>   [article_inside_subscriber_shortcode title="Never Miss a Beat in the Crypto World!" description="Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more." category_name="News" category_id="6"]   
<h2 class="wp-block-heading" id="h-faqs">FAQs</h2>   
<div class="schema-faq wp-block-yoast-faq-block">
 <div class="schema-faq-section" id="faq-question-1734002029365">
  <strong class="schema-faq-question"><strong>What is a PNUT coin?</strong></strong> 
  <p class="schema-faq-answer">PNUT is a Solana-based meme coin inspired by the viral Peanut the Squirrel, with high volatility and significant market potential.</p> 
 </div> 
 <div class="schema-faq-section" id="faq-question-1734002169932">
  <strong class="schema-faq-question">Where can I buy PNUT crypto?</strong> 
  <p class="schema-faq-answer">You can buy PNUT on popular exchanges such as Coinbase, Binance, and other platforms supporting Solana-based tokens.</p> 
 </div> 
 <div class="schema-faq-section" id="faq-question-1734002217124">
  <strong class="schema-faq-question"><strong>Is PNUT a good investment?</strong></strong> 
  <p class="schema-faq-answer">PNUT offers high reward potential but comes with significant risk due to its meme coin nature and market volatility.</p> 
 </div> 
</div>

Meme Coin Mania! Why Peanut the Squirrel ($PNUT) Is Trending Today

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