🐿️ Binance, the world’s largest crypto exchange, is increasing collateralization rates for six altcoins starting December 17! Among them is the squirrel-themed meme coin PNUT, which is backed by Elon Musk and is known for its stormy squirrel theme.

📈 PNUT’s collateralization rate is increasing from 35% to 45%, while the others are increasing from 10% to 20%. These changes require users to keep a close eye on their collateralization rates, otherwise they could face liquidation risk.

💬 How do you think these changes will affect the market? Share your thoughts in the comments and let’s see how this squirrel story plays out! 🐿️