Squirrel-themed meme coin PNUT has been one of the best-performing cryptocurrencies of the past week! 🚀 Its price has increased by 1,500%, briefly reaching almost $2.50, and is currently trading at around $2.06.

One of the biggest factors behind this rise is Binance’s support. Binance added liquidity and accessibility by listing PNUT, which contributed to the price increase.

Elon Musk’s support is also a major factor. Musk has contributed to the price increase by making positive posts about PNUT.

The meme coin sector is generally experiencing a revival. The total market cap has broken a record by exceeding $125 billion. 🎉