Coinbase Adds Support for Peanut the Squirrel Meme Coin, Listing Set for January 14

Coinbase has announced trading support for the Peanut the Squirrel (PNUT) token on the Solana network. The listing is scheduled to go live on January 14, 2025, at 9:00 am PT, subject to liquidity conditions.

Listing Details and Regional Restrictions

According to Coinbase, “Once sufficient supply of this asset is established, trading on our PNUT-USD trading pair will launch in phases. Support for PNUT may be restricted in some supported jurisdictions.” Token transfers for the meme coin are now available on both Coinbase and Coinbase Exchange, with accessibility depending on regional trading support.

Peanut the Squirrel Meme Coin Background

The Peanut the Squirrel meme coin gained significant attention in November 2024, following a highly publicized incident involving the killing of a pet squirrel. The incident sparked outrage and soon gave rise to the meme coin, which took crypto Twitter by storm. PNUT reached an all-time high of $2.47 on November 14, 2024.

Current Market Performance

However, the token has seen a significant decline amid the broader crypto market’s recent downturn. As of January 13, 2025, PNUT fell to lows of $0.46, with Bitcoin revisiting the $90,000 level and Ethereum dipping below $3,000 amid increased sell-off pressure. PNUT has lost 79% of its value since its all-time high, with a 13% decline in the past 24 hours and 30% over the past month.

Key Facts and Figures:

  • Listing Date: January 14, 2025 (subject to liquidity conditions)
  • Token: Peanut the Squirrel (PNUT)
  • Network: Solana (SOL)
  • Current Price: Around $0.51 (following Coinbase announcement)

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