PNUT Meme Coin on Solana Sees Surge in Popularity

PNUT, a meme coin on the Solana blockchain, has seen a huge spike in popularity, reaching a market cap of over $120 million just three days after its launch. The coin is inspired by Peanut the Squirrel, a social media star known for doing tricks and wearing tiny hats, thanks to its owner Mark Longo.

Sadly, Peanut was recently confiscated and euthanized by the New York State Department of Environmental Protection for rabies testing, which has only increased the emotional connection fans have with the coin.

Now, PNUT is available on Bitget, one of the biggest cryptocurrency exchanges. This could help boost its adoption, exposing the coin to a much larger audience and fueling its continued growth.