One Solana (SOL)-based memecoin goes parabolic after prime US crypto alternate Coinbase added the digital asset to its itemizing roadmap.
Coinbase introduced including Peanut the Squirrel (PNUT) to the roadmap, triggering a greater than 31% acquire Wednesday.
PNUT is buying and selling for $1.34 at time of writing. With a market cap of $1.3 billion, the memecoin is the 111th largest crypto challenge.
Coinbase makes use of the itemizing roadmap for transparency and to forestall insider buying and selling on cash previous to them being listed. Being positioned on the itemizing roadmap means the agency has decided the asset will doubtless be accessible for buying and selling sooner or later.
PNUT is only one of a number of memecoins Coinbase has to its platform for buying and selling in current weeks. Others embody Gigachad (GIGA), a crypto asset impressed by the picture shoot of Russian bodybuilder Ernest Khalimov, Turbo (TURBO), a GPT-4 impressed memecoin, MOG Coin (MOG), a memecoin accessible on each the Ethereum (ETH) and Base blockchains, and Moo Deng (MOODENG), a Solana-based memecoin.
Final month, the world’s prime alternate Binance listed PNUT for buying and selling and the memecoin surged by greater than 320%.
PNUT is impressed by the squirrel rescued by a New York household named Peanut. The squirrel grew to become common on the household’s TikTok movies and Instagram, however New York wildlife officers seized the animal based mostly on state legal guidelines that prohibit conserving squirrels as pets.
The squirrel was euthanized on October thirtieth, which grew to become a viral incident.
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Featured Picture: Shutterstock/Jorm S
