Peanut The Squirrel-Themed Meme Coins Surge Amid Social Media Outrage Over Celebrity Animal’s Death: Trump will Save The Squirrels, Says Elon Musk
Posted On November 4, 2024
Memecoins cashing on the popularity of pet squirrel and social media star ‘Peanut’ have become the new money-minting opportunities for cryptocurrency degens.
What happened: A token named PEANUT on the popular decentralized exchange (DEX) Uniswap (CRYPTO: UNI) jumped over 58% in the last 24 hours, with its market capitalization now around $2.2 million, as per CoinMarketCap.
A coin with a similar name was launched on Solana (CRYPTO: SOL)-based DEX Raydium, which was up a whopping 336% in the last 24 hours, though having a far lower market capitalization of $33,790.
It is worth noting that the liquidity of these tokens …
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