WATCH THE VIDEO HERE Peanut the Squirrel (PNUT), a memecoin that shot to fame during the United States election campaign period has grown by 13.7% following a listing by a leading crypto exchange in the industry. PNUT has surged by 13.7% after it was listed by Coinbase, the top crypto exchange in the United States. PNUT’s listing follows a growing trend of top exchanges listing new memecoins on their platforms which has drawn applause and criticism to these exchanges. The memecoins market cap jumped to $1.26 billion following the listing and is currently exchanging hands for $1.25 at the time of the report. PNUT is a Solana-based memecoin and was among the biggest performers of the November bull run alongside Chill Guy and Dogecoin. The memecoin was partly shilled by Elon Musk in a cryptic tweet where stated that America was saved by a squirrel days after Donald Trump’s victory. Coinbase’s decision to list PNUT sparked interest amongst its traders and investors. The decision continued the trend of major exchanges listing new memecoins with relatively low market capitalization. Another Solana memecoin, Gigachad (GIGA), was added alongside PNUT to the Coinbase platform. However, unlike PNUT, the price of Gigachad did not surge following the listing. The memecoin is currently exchanging hands for 0.06657 USDT. PNUT is another success story coming out from the infamous Solana memecoin generator known as Pump Fun. Pumpfun allows anybody to create a memecoin with just a few clicks.
PNUT memecoin surges by 13.7% following Coinbase listing
