This token is inspired by Peanut, the squirrel that has become a viral phenomenon of the internet. Following OKX’s announcement, the PNUT token gained 9% in just a few minutes and is currently trading at $0.4489.

The exchange’s participation in the popularity race among meme coins with this new listing is being carefully followed by crypto investors and communities.

PNUT, a meme coin developed on the Solana blockchain, has become tradable with Tether (USDT). According to OKX’s official statement, investors will be able to use this coin in spot transactions as of November 11 at 10:30 UTC.

With this new listing, OKX has stepped into the meme coin world and responded quickly to the developments in the cryptocurrency market.

Immediately after PNUT was listed on OKX, the meme coin increased by 8.42%. This rapid rise was supported by the call auction period that took place between 09:40 UTC and 10:40 UTC on November 11 and the trading volume that started thereafter.

According to OKX’s statement, PNUT’s supply is currently limited to 999.8 million tokens. Investors will be able to withdraw their coins only after 22:00 UTC on November 12.

Behind PNUT’s rapid increase is a rapidly spreading story and community support in the crypto world. The squirrel named Peanut was confiscated and killed by New York City’s animal protection agency in October, which caused a huge reaction.

Peanut had a large following online, and many viewed his death as unnecessary government intervention. Following this incident, the crypto community established many meme coins to pay homage to Peanut. The coin that attracted the most attention and had the highest transaction volume was Solana-based PNUT.

The fact that the PNUT token is also listed on Binance made this token even more remarkable. Binance announced that PNUT will start trading on its platform as of November 11, 10:00 UTC.

This announcement attracted the attention of investors, increasing the price of the coin by 332%. The listing of PNUT by major exchanges such as OKX, as well as Binance, made this coin more accepted in the global crypto ecosystem.

The PNUT token made a huge impact, reaching $300 million in trading volume in just a few days. This rapid rise showed once again how effective meme coins can be in the cryptocurrency market.

The rapidly growing interest and support of the crypto community shows that PNUT can stand out as a potential investment tool not only in the short term but also in the long term.

The PNUT token and the story behind it reveal how quickly meme coins are spreading and how strongly communities can support such projects. This token, supported by major exchanges such as OKX and Binance, has become an important player in the meme coin world.