Good news for crypto lovers! Starting December 17, Binance will increase the collateralization ratio for six altcoins, including Peanut the Squirrel (PNUT). 🐿️
- PNUT, the squirrel-themed meme coin that caused a stir after it entered Binance, will now have a collateralization ratio of 45%, up from 35%. Other altcoins such as 1MBABYDOGE and EIGEN will also see their ratios increase from 10% to 20%.
- This collateralization ratio is important to avoid liquidation. So, make sure you monitor the uniMMR ratio so you don't get surprised later!
- The story of PNUT begins with a pet squirrel that went viral after an incident with an officer. Even Elon Musk commented!
Curious about how this story continues? Let's discuss it in the comments column!