tl;dr
PNUT, a meme coin on the Solana blockchain, surged 200% after Elon Musk referenced a "squirrel and a meme coin" saving America in a recent post. The playful mention led to a massive rally, with PNUT's trading volume exceeding $2 billion within 24 hours. Musk's engagement with meme coins, including P...
PNUT, a meme coin on the Solana blockchain, surged 200% after Elon Musk referenced a "squirrel and a meme coin" saving America in a recent post. The playful mention led to a massive rally, with PNUT's trading volume exceeding $2 billion within 24 hours. Musk's engagement with meme coins, including PNUT, continues to influence the crypto market, propelling PNUT into the spotlight. Additionally, other Solana meme coins like ACT and Bonk have also seen significant price increases, reflecting the growing popularity of meme coins on the Solana blockchain.
PEANUT THE SQUIRREL GAINS TRACTION FOLLOWING ELON MUSK TWEET In a recent X post , Elon Musk made a humorous comment stating, “America was saved by a squirrel and a meme coin!”. Musk’s engagement with this meme has sent ripples through the crypto market, resulting in an immediate price surge for PNUT. Besides, the billionaire’s comment came shortly after he shared an image of PNUT in response to a post from Rabbit Hole, which sparked controversy by questioning the government’s expenditure on HIV research involving transgender monkeys.
PNUT, a meme coin on the Solana blockchain, is currently trading at $1.33, up by 220% in the last 24 hours. Over the past week, it has surged 1140%, and its price has increased 2400% over the past 30 days. The coin’s 24-hour trading range has spanned from a low of $0.3943 to a high of $1.47, with a trading volume reaching $2.72 billion, as traders seize on the rally. The popularity of top Solana meme coins is on the rise, with ACT price seeing a 2,700% increase over the past week, and Bonk up by 50%, trading at $0.00003. The current meme coin boom on Solana has investors speculating on whether tokens like BONK will continue to climb, with some enthusiasts wondering if it might hit $0.1 in the near future.