PNUT meme coin soars amid Coinbase itemizing information

Peanut the Squirrel (PNUT) has jumped greater than 30% previously 24 hours, bouncing from below $1 amid optimistic information.

The PNUT meme coin value hovered close to $1.29 on Wednesday afternoon, up from lows of $0.98. Bulls noticed its worth rise to intraday highs of $1.38.

Coinbase provides PNUT to roadmap

PNUT value spiked greater than 30% on Dec. 11 after US-based crypto alternate Coinbase introduced the inclusion of Peanut the Squirrel on its itemizing roadmap. The Solana-based meme coin rose within the wake of the announcement, with broader surges for high cash including to the upside strain.

Property added to the roadmap as we speak: Peanut the Squirrel (PNUT)https://t.co/rRB9d3hSr2

— Coinbase Property 🛡️ (@CoinbaseAssets) December 11, 2024

Peanut the Squirrel, which went viral in November amid uproar over the killing of Peanut, a squirrel that had turn out to be an web sensation, hit its all-time excessive of $2.44 on November 14, 2024.

Whereas it pared practically half of those positive aspects afterwards, PNUT value on the time of writing was up over 3,900% since its lows of $0.03 on Nov. 4.

Coinbase itemizing will add PNUT to a different main crypto alternate after the world’s largest by buying and selling quantity Binance added spot buying and selling. Prefer it occurred then, PNUT value is hovering.

Peanut the Squirrel is at the moment the 116th largest cryptocurrency and eighth largest meme coin by market cap with over $1.2 billion. Prior to now 24 hours, the meme coin has recorded a every day quantity of over $1.7 billion, with this representing a greater than 14% spike.

In addition to PNUT, Coinbase has in latest weeks added meme cash akin to Moo Deng, DEGEN and Mog Coin.