PNUT rises nearly 9% after debut on OKX platform
Cryptocurrency alternate OKX not too long ago launched PNUT, the meme coin impressed by the viral squirrel peanut, on its platform. The squirrel-token is rising by almost 9% solely minutes after the OKX launch.
OKX, one of many largest centralized exchanges by buying and selling quantity, introduced that it’s including the Peanut the Squirrel(PNUT) meme coin to its platform. The Solana-based meme coin is out there for spot buying and selling with Tether(USDT) beginning Nov. 11 at 10:30 AM UTC.
5 minutes after OKX introduced PNUT’s launch, the meme coin rose by 8.42% and is presently buying and selling palms at $0.4489, based on knowledge from DEX Screener. On the time of writing, the PNUT token has gathered a market cap of almost $450 million and a totally diluted quantity of $448.6 million.
PNUT’s launch on OKX got here only some hours after Binance introduced PNUT might be making its debut on the platform on Nov. 11 at 10:00 AM UTC. Previously 24 hours, PNUT’s worth has skyrocketed by 332%, primarily as a result of its Binance itemizing alongside one other viral meme coin, Act 1: The AI Prophecy often known as ACT.
In line with OKX’s announcement, merchants can begin deposition PNUT from its opening time at Nov. 11 9:20 UTC. In the meantime, its name public sale interval begins from Nov. 11 9:40 AM UTC till 10:40 AM UTC.
Though, merchants can solely begin withdrawing the PNUT token after Nov. 12 10:00 PM UTC. The crypto-exchange notes that the full issuance for PNUT is presently at 999.8 million tokens.
The PNUT meme coin was launched in early November, shortly after the demise of viral web squirrel, Peanut. On Oct. 30, Peanut was seized from the house of its proprietor, Mark Longo, by the New York Metropolis as a result of nameless complaints.
The NYSDEC allegedly euthanized Peanut, inflicting public outcry amongst animal rights activists and unusual individuals, together with Elon Musk, who noticed the squirrel as image of pointless authorities overreach.
The crypto group paid tribute to Peanut by establishing a number of meme cash in its honor. The main Peanut meme coin is the Solana-based PNUT, which reached a buying and selling quantity of $300 million and 200,000 transactions in simply two days.
