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Thursday, December 12, 2024
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    HomeMarketPNUT Coin Soars Amid Coinbase Itemizing Information

    PNUT Coin Soars Amid Coinbase Itemizing Information


    Peanut the Squirrel (PNUT) has surged greater than 30% up to now 24 hours, rebounding lower than $1 amid constructive information.

    The worth of PNUT meme coin was hovering round $1.29 on Wednesday afternoon, up from a low of $0.98. Bulls noticed its worth hit intraday highs of $1.38.

    Coinbase provides PNUT to roadmap

    The worth of PNUT soared greater than 30% on December 11 after US crypto trade Coinbase introduced the inclusion of Peanut the Squirrel on its itemizing roadmap. The Solana-based meme coin rose following the announcement, with broader pushes for main cash including to the upward stress.

    Peanut the Squirrel, which went viral in November amid the outcry over the killing of Peanut, a squirrel who turned an web sensation, reached its all-time excessive of $2.44 on November 14, 2024.

    Though it later pared virtually half of these good points, PNUT worth on the time of writing was up greater than 3,900% since its low of $0.03 on November 4.

    The Coinbase itemizing will add PNUT to a different high crypto trade after Binance, the world's largest by buying and selling quantity, added spot buying and selling. As occurred on the time, the value of PNUT soared.

    See also  Bitfarms inventory nonetheless 80% larger from right here, analyst says

    Peanut the Squirrel is presently the 116th largest cryptocurrency and the eighth largest coin by market capitalization with over $1.2 billion. Over the previous 24 hours, the meme coin noticed every day quantity of over $1.7 billion, representing a rise of over 14%.

    Along with PNUT, Coinbase has added cash comparable to Moo Deng, DEGEN, and Mog Coin in latest weeks.

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