Peanuts the Squirrel (PNUT) has risen greater than 30% up to now 24 hours, rebounding from beneath $1 on optimistic information.

The value of the PNUT meme coin was hovering round $1.29 on Wednesday afternoon, up from a low of $0.98. The bulls noticed its worth rise to an intraday excessive of $1.38.

Coinbase provides PNUT to roadmap

PNUT's worth soared greater than 30% on December 11 after US-based cryptocurrency trade Coinbase introduced it might embrace Peanuts the Squirrel in its itemizing roadmap. Solana-based meme cash rose following the announcement, with a broad rally in high cash including to upward stress.

Property added to the roadmap right this moment: Peanut the Squirrel (PNUT) https://t.co/rRB9d3hSr2

— Coinbase Property 🛡️ (@CoinbaseAssets) December 11, 2024

Peanut the Squirrel, which went viral in November amid the uproar over the homicide of Peanut the squirrel, which grew to become an web sensation, hit an all-time excessive of $2.44 on November 14, 2024.

It has since pared practically half of these beneficial properties, however on the time of writing, PNUT worth is up over 3,900% from its low of $0.03 on November 4th.

Coinbase's itemizing will add PNUT to a different main crypto trade, following the addition of spot buying and selling by Binance, the world's largest trade by buying and selling quantity. As was the case then, the value of PNUT has skyrocketed.

Peanuts the Squirrel is at the moment the 116th largest cryptocurrency by market cap and the eighth largest meme coin with a market cap of over $1.2 billion. Prior to now 24 hours, memecoin has recorded a day by day buying and selling quantity of greater than $1.7 billion, which represents a soar of greater than 14%.

Along with PNUT, Coinbase has added meme cash comparable to Moo Deng, DEGEN, and Mog Coin in latest weeks.