Over $1 billion inflows into Pnut in a day; Should you follow suit?
Meme cryptocurrencies are witnessing increasing investor interest, and the newly created Peanut the Squirrel (PNUT) is standing out with significant buying pressure. PNUT was trading at $1.67 at press time, showing astonishing gains of over 240% in the past 24 hours. On the weekly chart, the token has rallied over 1,200%. The Solana (SOL)-based meme coin currently has a market capitalization of $1.69 billion, translating to an inflow of $1.25 billion in the last 24 hours. This momentum has seen PNUT break into the top 100 cryptocurrencies by market cap, ranking in the 58th spot. Picks for you Wall Street turns bullish on Ethereum with record inflow to ETH ETFs 1 hour ago Crypto trader misses out on $24 million selling PNUT early for $681 l...