Peanut the Squirrel (PNUT) Soars 2.432% and Enters Coinbase Roadmap
- PNUT appreciated 2.432%, reaching US$ 1,34 on the market.
- Solana-based token attracts investors and animal cause.
- Coinbase adds PNUT to its roadmap, expanding its visibility.
Peanut the Squirrel (PNUT), a token based on the Solana blockchain, has reached a significant milestone by being added to the roadmap Coinbase listing. This inclusion reinforces the growing popularity of the cryptocurrency in the market. Currently, PNUT is trading at $1,34, marking an impressive increase of 2.432% since its initial launch.
Assets added to the roadmap today: Peanut the Squirrel (PNUT) https://t.co/rRB9d3hSr2
— Coinbase Assets 🛡️ (@CoinbaseAssets) December 11, 2024
PNUT’s meteoric rise has positioned it as the 8th largest meme coin by market capitalization and the 91st largest cryptocurrency overall. This feat demonstrates the growing relevance of meme coins in the crypto space, especially at a time when platforms such as Binance, Bybit, OKX, KuCoin, and Gate.io are already offering the asset.
The project was inspired by the story of Peanut, a squirrel who became famous after being rescued and later associated with a controversial episode involving the New York Department of Environmental Conservation. This emotional context was key to attracting both investors and animal rights enthusiasts, boosting its adoption and market value.
Coinbase, which has recently invested in listing popular tokens, is following a strategy aligned with the growth of meme coins. Other assets such as Pepe (PEPE) and MOODENG have also been included, increasing the visibility of this segment. In the case of PNUT, the expectation is that the inclusion in the roadmap represents an initial step towards an official listing on the exchange, although this stage still depends on regulatory compliance and technical standards.
The market responded positively to the announcement, with PNUT’s market cap reaching approximately $1,3 billion. Furthermore, the token’s trading volume surged to $1,5 billion, highlighting investor interest in its potential future growth. Analysts believe that PNUT could reach even higher values in the coming months, driven by visibility on major global exchanges.
The meme coin trend seems to be consolidating with the growing interest of large platforms, reinforcing PNUT's position among the main assets in this category. With its popularity on the rise and strong community support, the token presents promising prospects in the crypto scene.
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.
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