PNUT Surges 7% After Major Exchange Listings, Trading Volume Reaches $218 Million

Peanut the Squirrel (PNUT), a Solana-based meme coin, has experienced notable market activity in the past 24 hours, with its price increasing by over 7% and trading volumes ranging from $63 million to $218 million. The token’s current price is between $0.1691 and $0.1759 USDT, and its market capitalization stands at approximately $175 million, with nearly the entire token supply in circulation.

The recent price increase and heightened trading activity can be attributed to PNUT’s listing on Binance within the past week, which has significantly boosted visibility and liquidity for the asset. Additionally, PNUT’s prior addition to Coinbase’s listing roadmap has contributed to sustained market interest. Technical trading patterns have also played a role, with the token encountering resistance at $0.1889 and experiencing volatility as traders respond to these levels. Overall, the combination of major exchange listings and active trading has driven the recent positive momentum in PNUT’s price and volume.