Peanut The Squirrel Outshines Dogecoin, Shiba Inu With 1,400% Weekly Surge

Peanut The Squirrel (CRYPTO: PNUT) has posted a stunning 1,400% gain over the past week, gaining traction after Elon Musk‘s endorsement of the meme coin.

What Happened: PNUT has entered the top 10 meme coins by market capitalization, with its $5.8 billion in 24-hour trading volume exceeding that of bigger rivals like Shiba Inu (CRYPTO: SHIB) and reaching 20% of the trading volume of the much bigger Dogecoin (CRYPTO: DOGE).

One major investor, who invested around $2.8 million in PNUT between Nov. 3 and Nov. 10, …

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