Peanut the Squirrel (PNUT) jumped greater than 30% within the final 24 hours, rebounding under $1 on optimistic information.
The PNUT meme was buying and selling close to $1.29 on Wednesday afternoon, off a low of $0.98. Bulls noticed its worth rise to an intraday excessive of $1.38.
Coinbase provides PNUT to plan
The worth of PNUT surged by greater than 30% on December 11 after US crypto change Coinbase introduced the inclusion of Peanut the Squirrel in its itemizing plan. The Solana-based meme coin rallied after the announcement, with broader features in high cash including to the upward strain.
Property added to the plan immediately: Peanut the Squirrel (PNUT)https://t.co/rRB9d3hSr2
— Coinbase Property 🛡️ (@CoinbaseAssets) December 11, 2024
Peanut the Squirrel, which went viral in November amid the uproar over the killing of Peanut, the squirrel who turned an web sensation, hit an all-time excessive of $2.44 on November 14, 2024.
Though it has since pared almost half of these features, on the time of writing, PNUT is up greater than 3,900% from its low of $0.03 on November 4th.
Coinbase itemizing provides PNUT to a different main crypto change after world's largest change by buying and selling quantity Binance provides spot buying and selling. Because it occurred then, the value of PNUT rises sharply.
Peanut the Squirrel is at the moment the 116th largest cryptocurrency and the eighth largest meme coin by market cap with over $1.2 billion. Within the final 24 hours, the meme coin has seen a each day quantity of over $1.7 billion, representing a rise of over 14%.
Like PNUT, Coinbase has added meme cash like Moo Deng, DEGEN and Mog Coin in current weeks.
