Zinger Key Points
- Peanut The Squirrel surged 22% in a single day, overtaking Shiba Inu in trading volume to claim the third spot among meme coins.
- Speculation rises as a crypto trader predicts PNUT could hit $1, fuelled by a Coinbase listing.
Peanut The Squirrel PNUT/USD has rebounded with a 22% single-day surge but remains down 47% on the month, with traders questioning its near-term potential.
| Cryptocurrency | Price | Market Cap | 24-Hour Trend | 24-Hour Trading Volume |
| Peanut The Squirrel PNUT/USD | $0.6217 | $621.6 million | +24.8% | $572.8 million |
| Shiba Inu SHIB/USD | $0.3519 | $51.8 billion | +8.1% | $371.9 million |
| Dogecoin DOGE/USD | $0.00002138 | $12.6 billion | +4.9% | $3.2 billion |
| Pepe PEPE/USD | $0.00001724 | $7.3 billion | +5.3% | $874.01 million |
Trader Notes: Crypto Bull expressed confidence in PNUT, predicting it's time for the meme coin to reach $1 following its Coinbase listing.
Crypto Candy suggested that PNUT is nearing its bottom, with a massive breakout on the horizon.
Statistics: According to CryptoTalkMan, PNUT has officially surpassed Shiba Inu in trading volume, becoming the third-largest meme coin by volume—only behind Pepe PEPE/USD and Dogecoin DOGE/USD.
Community News: Coinbase Assets announced support for Peanut the Squirrel on the Solana network (SPL token).
Trading is set to begin on Jan. 14, pending liquidity conditions. However, trading will be restricted in certain jurisdictions.
The Coinbase listing has amplified community enthusiasm, as PNUT becomes more accessible to global traders. This, coupled with its recent performance, has bolstered expectations for the meme coin's growth trajectory.
Read Next:
Image: Shutterstock
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
