PNUT, a meme coin impressed by Peanut the Squirrel, surged 200% after Elon Musk newest put up referenced a “squirrel and a meme coin” saving America. The playful point out shortly gained traction on social media, main to an enormous rally for the Solana-based token.
With its connection to Musk humorous posts, PNUT has grow to be the newest trending meme coin. The Solana-based token buying and selling quantity soared to over $2 billion inside 24 hours as buyers and crypto fanatics jumped in on the hype.
Peanut the Squirrel Good points Traction Following Elon Musk Tweet
In a latest X post, Elon Musk made a humorous remark stating, “America was saved by a squirrel and a meme coin!”. Musk’s engagement with this meme has despatched ripples by the crypto market, leading to a right away value surge for PNUT.
In addition to, the billionaire’s remark got here shortly after he shared a picture of PNUT in response to a put up from Rabbit Gap, which sparked controversy by questioning the federal government’s expenditure on HIV analysis involving transgender monkeys.
— Elon Musk (@elonmusk) November 13, 2024
This X put up follows Musk’s long-standing historical past of participating with meme cash, usually sparking fast price increases in coins like Dogecoin and Shiba Inu. The crypto market response to Musk’s remark highlights his persevering with affect over digital belongings with the meme-based enchantment, propelling PNUT into the highlight.
PNUT Coin Rise and the Rising Recognition of Solana Meme Cash
PNUT, a meme coin on the Solana blockchain, is at present buying and selling at $1.33, up by 220% within the final 24 hours. Over the previous week, it has surged 1140%, and its value has elevated 2400% over the previous 30 days. The coin’s 24-hour buying and selling vary has spanned from a low of $0.3943 to a excessive of $1.47, with a buying and selling quantity reaching $2.72 billion, as merchants seize on the rally.
The recognition of top Solana meme coins is on the rise, with ACT value seeing a 2,700% improve over the previous week, and Bonk up by 50%, buying and selling at $0.00003. The present meme coin growth on Solana has buyers speculating on whether or not tokens like BONK will continue to climb, with some fanatics questioning if it’d hit $0.1 within the close to future.
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