Peanut Coin, known as $PNUT, was launched on November 2, 2024, by a group of memecoin enthusiasts on the Solana blockchain. The coin's creation goes beyond generating hype; it represents a movement to unite supporters against perceived injustices, using imagery of animals as symbols. This community-driven effort encourages supporters to share their stance on social media, showing solidarity and support for the cause.
Who founded Peanut Coin?
The creators of $PNUT Coin are a collective of memecoin investors on the Solana blockchain. Their purpose extends beyond profits, seeking instead to build a community around shared values and resistance.
How and where to buy PNUT?
To purchase PNUT, start by choosing a cryptocurrency exchange that lists $PNUT Coin. Once you've selected an exchange, create an account, deposit funds into your account balance, and buy the desired amount of PNUT.
PNUT’s Current Market Value
As of today, PNUT is priced at $1.94, with a 24-hour trading volume of $5,032,157,573.33. It has quickly gained traction, becoming the third-fastest memecoin to reach $1.
Why did Peanut Coin's value surge?
PNUT’s price rose sharply following its listing on Binance, reaching a market cap of $120 million within three days. This rapid ascent was driven by a surge of attention and support on social media, where prominent figures, including Elon Musk, added to the buzz. Posts in support of $PNUT Coin flooded platforms, amplifying its visibility and momentum.
Community Reactions to PNUT Coin
Positive sentiment surrounds PNUT Coin, particularly after it crossed the $120 million mark so soon after its debut. Many investors have benefitted from the rise, and its popularity within the broader cryptocurrency community is growing rapidly.
