A squirrel-themed meme coin is blowing up on Solana.
Peanut the Squirrel (PNUT) has surged over 800% in the past week, making it one of the top gainers in that timeframe.
But while PNUT holders are enjoying their gains, a new coin called Crypto All-Stars (STARS) is also gaining traction.
Can STARS outpace PNUT once it hits exchanges?
PNUT’s Explosive Rise – From Squirrel Tribute to Meme Coin Sensation
PNUT’s wild rise is hard to believe.
Launched just two weeks ago as a tribute to an internet-famous squirrel whose tragic story sparked outrage, this Solana-based coin has quickly become a hot topic.
The numbers are impressive.
PNUT has shot up to $0.442, with a market cap now over $442 million.
Trading volumes are off the charts – over $1.1 billion worth of PNUT has changed hands in the past 24 hours, a 78% jump from the day before.
And investors are piling in, with more than 45,000 holders worldwide.
Big exchange listings have only added to the momentum.
After getting listed on Binance and OKX, PNUT’s price spiked almost instantly, thanks to the increased accessibility.
Now, traders are wondering just how high this coin could rise.
@moneyl0rd on Twitter believes PNUT will hit a market cap of between $10 billion and $20 billion in the next 30-40 days.
That would make it the third-biggest meme coin in the world.
Is There Still Room to Run? Why PNUT Might Just Be Getting Started
Does PNUT still have room to run?
If you zoom out, this squirrel-themed token might just be getting started.
Compared to meme coin giants like PEPE and WIF, PNUT is still extremely small.
And its technicals point to further growth – a higher low is forming on the one-hour chart, which usually signals that the bulls are in control.
If PNUT does experience another boost, a potential target, based on the size of its previous i
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Author: Felix Mollen
