As of May 11, 2025, Peanut the Squirrel $PNUT is experiencing significant market activity:
Current Price: $0.4157 USD
24-Hour Change: +22.26%
Market Cap: Approximately $418 million
24-Hour Trading Volume: Over $1 billion
📈 Recent Performance :
PNUT has surged 91% over the past week and 153% over the past month, outperforming many other meme coins and re-entering the spotlight for traders and investors . This rally is part of a broader resurgence among Solana-based meme coins, including MOODENG and GOAT, which have also seen double-digit gains recently .
🐿️ Background :
$PNUT was launched in late 2024 on the Solana blockchain as a tribute to Peanut, a social media-famous squirrel who was euthanized by New York authorities in October 2024. The incident sparked widespread outrage and led to the creation of the PNUT token to honor Peanut's legacy and raise awareness for animal welfare .
🔮 Future Outlook :
Analysts are speculating whether $PNUT can reach a $1 billion market cap, given its current momentum and community support . However, as with all meme coins, investors should exercise caution due to the inherent volatility and speculative nature of such assets.