Peanut the Squirrel, or PNUT Crypto, has grabbed the attention of both investors and animal enthusiasts, sparking a debate: is it the top meme investment?
Meanwhile, die-hard meme coin enthusiasts still champion Pepe for the best returns, but there’s also a new kid on the block—Pepe unchained—who might just steal the spotlight.
Another day another $PNUT
10B soon 🐿️ pic.twitter.com/WsSdhsQ1D2
— CTM (@CryptoTalkMan) November 14, 2024
Here’s which will be the best investment this bull cycle.
The Tale of PNUT Crypto: From Tragedy to Triumph
Within 48 hours of being listed on Binance, PNUT’s market cap skyrocketed, surpassing the $2 billion mark.
i have never in my 7 years in crypto seen a token pump to 2 billion so fast $PNUT setting records
this market is gonna get so so much more retarded oh my god 💸 pic.twitter.com/pj27AOUGsV
— Jusτiinape (@justiinape) November 13, 2024
Peanut the Squirrel’s saga kicked off with a gut-wrenching event: the euthanasia of the pet squirrel by New York City officials, igniting a wave of public indignation.
Big names like Elon Musk and Donald Trump almost immediately slammed the authorities for overstepping. This groundswell of emotion swiftly morphed into market momentum, with the PNUT Crypto born on the pump.fun memecoin platform, emerging as a badge of defiance for its backers.
“America was saved by a squirrel and a meme coin!” – Elon Musk
The PNUT meme coin experienced a staggering increase in value, with its price jumping over 280% in just 24 hours.
Such rapid growth is common in the meme coin space, where emotional narratives and social media buzz can drive significant investments.
Before its Binance debut, PNUT had a market cap of approximately $128 million, which has now grown to an impressive $2 billion.
$PNUT at $1.5 billion makes me question everything I know about trading, lol. pic.twitter.com/OAtYzDrtwa
— Jacob Canfield (@JacobCanfield) November 13, 2024
Within a day, PNUT meme coin’s value surged over 280%, a testament to the meme coin market’s volatility.
This dramatic rise placed PNUT among the top 100 crypto assets by market cap, surpassing established tokens like Jupiter and Worldcoin. The phenomenon highlights the unique power of meme coins to capture market attention and achieve rapid valuation spikes.
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Pepe Vs. Peanut: Which is a Better Investment?
Meanwhile, PEPE’s price action has smashed through a falling channel, breaking out with two bullish engulfing candles that leapfrogged over the 38.20% Fibonacci level. Trading at $0.000024, PEPE’s chart boasts a 17.79% intraday rise, marking a new peak at $0.00002567.
The rally’s genesis was a morning star pattern near $0.00000718, sparking nine consecutive gains.
With a new listing on Coinbase and Robinhood, Pepe’s enthusiasm is at an all-time high.
Weekly chart indicators, including MACD and signal lines, show a supportive crossover, suggesting an upside target of $0.00000104, reminiscent of early 2024’s bullish surge.
Despite the excitement, Binance’s approach to listing meme coins has not been without controversy. Critics argue that such listings can encourage speculative behavior, likening it to pump-and-dump schemes.
Regardless, when it comes to the coin with the better upside, Peanut has it right now, but Pepe is a safer, more conservative pick.
Keep in mind that these are meme coins. They can all be risky as hell!
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PNUT Crypto is Great: But This New Layer-2 Will Make Millionaires
Sure, it doesn’t have a cute story of a squirrel that saved America, but Pepe Unchained (PEPU) is generating buzz as it nears the end of its presale, which has raised nearly $30 million in presale!
PEPU isn’t just another meme coin; it boasts a smart contract speed 100 times faster than Ethereum, with dirt-cheap transaction costs.
Of its 8 billion tokens, 20% go to early investors, 30% pump up staking rewards with insane 4,800% yields, and 20% is channeled into marketing.
Pepe Unchained aims to be the first of its kind and break new ground in the meme sector.
Get PEPU Before The Bull Run Now
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