One Solana (SOL)-based memecoin goes parabolic after prime US crypto change 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 possible be out there 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 out there on each the Ethereum (ETH) and Base blockchains, and Moo Deng (MOODENG), a Solana-based memecoin.
Final month, the world’s prime change 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 turned 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 retaining squirrels as pets.
The squirrel was euthanized on October thirtieth, which turned a viral incident.
Do not Miss a Beat – Subscribe to get electronic mail alerts delivered on to your inbox
Verify Worth Motion
Observe us on X, Fb and Telegram
Surf The Day by day Hodl Combine
 
Disclaimer: Opinions expressed at The Day by day Hodl should not funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your personal threat, and any losses chances are you’ll incur are your accountability. The Day by day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital property, neither is The Day by day Hodl an funding advisor. Please observe that The Day by day Hodl participates in online marketing.
Featured Picture: Shutterstock/Jorm S
