Solana Memecoin $PNUT Overtakes $USDT in 24H Onchain Volume

A new Solana-based token, $PNUT, just took the spotlight by surpassing $USDT in 24-hour onchain trading volume. Created as a tribute to Peanut, a famous squirrel on social media, $PNUT has surprised many by reaching $172.14M in trading volume. 

This surge pushed $PNUT ahead of $USDT’s $160.55M, sparking intrigue and amusement across the crypto space. With a unique mix of humor, sentiment, and a touch of political symbolism, $PNUT is gradually gaining traction.

$PNUT: A Playful Memorial for a Beloved Squirrel

Peanut the squirrel was adored online until a sudden police intervention in New York led to his untimely death. The situation, involving Peanut and his raccoon friend Fred, ignited outrage and grief among fans. 

Crypto enthusiasts responded in a distinctly digital way—by creating $PNUT, a token that serves as both tribute and protest. While Peanut’s former owner had no involvement, $PNUT emerged as a symbol of resistance and remembrance. 

The token, though unlikely to last, represents a unique tribute in the crypto world. Through this project, the crypto community has transformed mourning into a form of digital celebration.

Political Undercurrents and Meme Culture

$PNUT’s rise also coincides with election season in the U.S., adding a layer of political irony. New York, a city known for Democratic leanings, became the stage for Peanut’s controversial end, sparking debates and amplifying $PNUT’s symbolic value. 

The token’s appearance resonates as both a playful tribute and a subtle critique. From grief to protest, this token showcases how even small stories can make a big splash in the crypto community.

As $PNUT overtakes $USDT in onchain volume, it stands as a quirky yet powerful reminder of how rapidly memes and emotions can shape the digital landscape. The squirrel’s story lives on, embodying humor, remembrance, and community spirit all at once.