Memecoin Peanut the Squirrel (PNUT) Inches Closer to $1 After 90% Surge

Quick Summary:

Solana-based memecoin Peanut the Squirrel (PNUT) surged over 97.3% over the past 24 hours to mark its new all-time high (ATH).

Notably, Elon Musk’s recent tweet on X, mentioning a ‘squirrel and meme coin’ as the saviors of America, emerged as the stimulus behind the price rally.

According to CoinMarketCap data, the daily trading volume of Peanut the Squirrel (PNUT) spiked 39.5% to reach $1.78 billion.

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Article Details

Author / Journalist: Pratiksha

Category: Crypto

Markets: United Arab EmiratesUnited States

Topics: Altcoin Altcoin News Solana Memecoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 08:34:02 (1 weeks ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 385 words

Reading Time: 3 minutes read

Sentences: 35 lines

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Copyright Owner: © TheNewsCrypto

News ID: 23570435

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