Peanut the Squirrel (PNUT) is a meme-based cryptocurrency token operating on the Ethereum blockchain. It was created to commemorate P'Nut, a pet squirrel whose story went viral, leading to the development of this token by a community of enthusiasts. PNUT functions as an ERC-20 token, allowing for compatibility with various decentralized applications within the Ethereum ecosystem. As a meme coin, it offers a speculative investment opportunity influenced by community sentiment and market trends.
Peanut the Squirrel (PNUT) is a meme-based cryptocurrency token that gained popularity following the viral story of P'Nut, a pet squirrel. The token was created to commemorate P'Nut and has attracted a community of investors and enthusiasts.
PNUT operates as an ERC-20 token on the Ethereum blockchain, allowing for seamless transactions and integration with various decentralized applications (dApps) within the Ethereum ecosystem.
The token's origin is tied to a real-life event involving P'Nut, a pet squirrel, which has fostered a unique community sentiment and narrative around the cryptocurrency.

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PNUT tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Peanut the Squirrel is Binance, where the most active trading pair PNUT/USDT has a trading volume of $241,852,925 in the last 24 hours. :contentReference[oaicite:0]{index=0}
As a meme coin, PNUT offers a community-driven investment opportunity with potential for high volatility and speculative gains. It also provides a way for supporters of P'Nut's story to engage with the narrative in a financial context.
PNUT tokens can be stored in any ERC-20 compatible wallet, including MetaMask, Trust Wallet, and hardware wallets like Ledger.
As of December 4, 2024, PNUT has shown significant market activity, with a market cap of approximately $1.23 billion and a 24-hour trading volume of around $1.14 billion. However, as with any investment, especially in meme coins, it's essential to conduct thorough research and consider market volatility. :contentReference[oaicite:1]{index=1}