{"id":18565,"date":"2024-11-13T19:37:23","date_gmt":"2024-11-13T17:37:23","guid":{"rendered":"https:\/\/forklog.com\/en\/pnut-meme-token-quadruples-in-value-overnight\/"},"modified":"2024-11-13T19:37:23","modified_gmt":"2024-11-13T17:37:23","slug":"pnut-meme-token-quadruples-in-value-overnight","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/pnut-meme-token-quadruples-in-value-overnight\/","title":{"rendered":"PNUT Meme Token Quadruples in Value Overnight"},"content":{"rendered":"<p>The meme token Peanut the Squirrel (PNUT) surged from $0.41 to $1.7 in less than a day. The coin&#8217;s market capitalization peaked at $1.73 billion.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-qw.googleusercontent.com\/docsz\/AD_4nXdCbn9w9YiFOI2JCDp30Tx5pSv7Ukw80albruf0Q3HVwjL5VvwFNwaBRz_IcM0PqU0bPGWVVBJKRGhXBhOPiMILtLMxVMoHxeMxTd_I1xZK1L3wvbfhHY0DEdDwsIUKU2-3LpD2qg?key=wG3M_kgF_2DsYhuu8YrZ56He\" alt=\"PNUT Meme Token Quadruples in Value Overnight\"\/><figcaption class=\"wp-element-caption\">Hourly chart of PNUT\/USDT on Binance. Data: <a href=\"https:\/\/www.tradingview.com\/symbols\/PNUTUSDT\/?exchange=BINANCE\" title=\"\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>At the time of writing, the meme token is trading around $1.69 and ranks 68th among crypto assets on <a href=\"https:\/\/www.coingecko.com\/en\/coins\/peanut-the-squirrel\">CoinGecko<\/a>.<\/p>\n<p>Peanut the Squirrel was launched in early November on the Solana blockchain. Its mascot is a squirrel named Peanut, who lived with its owner in New York. On October 30, authorities <a href=\"https:\/\/www.instagram.com\/peanut_the_squirrel12\/reel\/DBwhVpdymnG\/\">seized<\/a> the animal on suspicion of rabies, and it was later euthanized.<\/p>\n<p>Due to Peanut&#8217;s media popularity, the news caused a stir on social media and caught the attention of influencers, including <a href=\"https:\/\/x.com\/elonmusk\/status\/1852745739379658774\">Elon Musk<\/a> and <a href=\"https:\/\/x.com\/DonaldJTrumpJr\/status\/1852826797320306909\">Donald Trump Jr.<\/a><\/p>\n<p>In its brief history, Peanut the Squirrel has already experienced significant price swings. Shortly after its launch, the meme token rose from $0.005 to $0.12 within 12 hours. At that time, one user missed the opportunity to earn over $1.6 million, selling the coins at a loss.<\/p>\n<p>Previously, an analyst calculated that 80% of meme coins listed on Binance in 2024 saw significant price increases.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The meme token Peanut the Squirrel (PNUT) surged from $0.41 to $1.7 in less than a day. The coin&#8217;s market capitalization peaked at $1.73 billion. Hourly chart of PNUT\/USDT on Binance. Data: TradingView. At the time of writing, the meme token is trading around $1.69 and ranks 68th among crypto assets on CoinGecko. Peanut the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":18564,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1161],"class_list":["post-18565","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-memes"],"aioseo_notices":[],"amp_enabled":true,"views":"12","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/18565","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=18565"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/18565\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/18564"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=18565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=18565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=18565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}