🐿️💰 PNUT, the squirrel-themed meme coin, was the best performing cryptocurrency of the past week! Its price increased by 1,500%, briefly reaching $2.50. It is currently trading at $2.06. So what is the secret behind this rise?
- **Binance Effect:** Binance listed PNUT, which increased liquidity and accessibility, sending the price skyrocketing. 🚀
- **Elon Musk Support:** Musk supported the story of Peanut the squirrel and mentioned PNUT in X posts. This sent the price even higher.
- **Meme Coin Craze:** The meme coin industry is booming, with a total market cap of over $125 billion!
Share your thoughts in the comments! 👇