Coinbase has announced that it will add Peanut the Squirrel (PNUT) to its asset roadmap, indicating plans to list this cryptocurrency on its platform.
PNUT is memecoin inspired by a popular internet figure, reflecting the growing trend of digital assets linked to viral online moments. The memecoin market has recently seen a surge in activity, with several coins suffering big price changes.
After the announcement of this, the price of PNUT has increased by 30% and reached $1.29, with a market capitalization of approximately $1.28 billion USD.
The surge in memecoin popularity, including PNUT, signals a shift in financial markets influenced by viral internet culture and digital assets. These coins have soared following notable events, reflecting a trend towards mainstream acceptance of digital assets.
Also Read: Coinbase Adds Mog Coin to Meme Coin Listing Roadmap
