Peanut the Squirrel (PNUT), a Solana-based meme coin launched in November, surged by around 25% in a day, reaching almost $1.40. Its current price is $1.27. The coin’s recent rally may have been triggered by Coinbase adding it to its “roadmap,” and the overall resurgence of the meme coin sector. The market capitalization of the niche has increased by 8% in the past 24 hours, nearing $140 billion.
Other meme coins such as Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE), and Floki Inu (FLOKI) have also charted significant gains during this period.
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<p>The post Squirrel-Inspired Meme Coin PNUT Surges by 25% in a Day: Are Coinbase’s Plans and Meme Coin Resurgence Behind the Boost? first appeared on CoinBuzzFeed.</p>