In 2025, the crypto world is once again deep in meme coinmania, and PNUT, or Peanut the Squirrel, is suddenly front and center. What began as an online protest over a euthanized squirrel spiraled into something much bigger: a meme-fueled movement, a cultural moment, and now one of the most talked-about tokens on the market.

The project was designed to capture the playful energy of Peanut the Squirrel and to appeal directly to internet meme culture, making its branding and concept intentionally crafted for maximum engagement.

So, is PNUT the next DOGE or SHIB? Could it pull off a 100x move and cement itself as the breakout meme coin of the year? Or is this just another viral trend with an expiration date? Let’s unpack what’s happening — and how you can get involved by trading PNUT on Bitunix.

Why Meme Coins Keep Rising

The meme coin revolution has swept through the cryptocurrency market, turning internet culture and humor into serious financial movements. Tokens like PNUT have become more than just digital jokes — they’re now major players with impressive market caps and strong liquidity.

$PNUT, inspired by the story of Peanut the Squirrel, exemplifies how a meme token can quickly gain popularity and build a loyal following. Its price action and trading volume are closely watched by traders eager to catch the next big move. Meme tokens are proving that internet culture isn’t just for laughs — it is shaping the future of finance.

What Is PNUT and Why Did It Launch?

PNUT isn’t a typical joke coin. It was born out of outrage when local authorities euthanized a squirrel named Peanut. The internet responded quickly. Hashtags trended, memes spread, and soon developers launched PNUT as a symbol of protest.

Built on the Solana blockchain, PNUT features a squirrel mascot that captured cultural attention. The token debuted on decentralized exchanges before quickly moving onto larger platforms.

What gave PNUT extra momentum was its unusual attention from public figures — including mentions by former U.S. President Donald Trump. For its community, PNUT represents more than a meme; it combines protest, belonging, and speculative opportunity.

What Is PNUT’s Market Cap in 2025?

As of May 2025:

  • Market Cap: $327.2 million
  • Circulating Supply: ~999.85M PNUT
  • 24-Hour Volume: $186.98 million
  • Price Range: $0.38–$0.44
  • Where to Buy: Bitunix, Gate.io, Raydium

In the last 24 hours, PNUT has shown significant liquidity, with trading activity that rivals mid-tier altcoins. Its presence on multiple exchanges has solidified its place as more than a fleeting internet sensation.

PNUT vs. Classic Meme Coins

Metric (May 2025) PNUT DOGE SHIB
Chain Solana Dogecoin Ethereum
Market Cap $327M $17B $6B
Daily Volume $186M $650M $220M
Origin Story Squirrel protest Joke fork Doge homage

This comparison shows how PNUT stacks up against established meme coins. While its market cap is smaller, its origin story and strong liquidity make it stand out in a crowded market.

Why Has PNUT Captured Market Attention?

Emotional Backstory The story of Peanut the Squirrel gave PNUT more than hype — it gave the token a cause. This narrative continues to resonate with investors and meme enthusiasts.

Serious Liquidity PNUT moves real volume daily. Solana’s scalability ensures it can handle large transaction loads, giving traders confidence that it won’t buckle under demand.

Strong Community Base With more than 75,000 members across Telegram, Reddit, and X (formerly Twitter), PNUT thrives on engagement. Contests, giveaways, and viral campaigns keep the momentum alive.

Community and Adoption: The PNUT Army

Behind every successful meme token is a dedicated community. PNUT’s “Army” is loud and organized, keeping the token relevant across platforms. From meme competitions to coordinated campaigns, the PNUT Army plays a vital role in adoption and visibility.

This active base not only drives social engagement but also draws in new investors who feel part of the movement. In the meme coin space, community strength is often the difference between a pump-and-dump and a sustainable run.

Can PNUT Price Realistically 100x From $0.40?

A 100x would put PNUT’s market cap above $40 billion — comparable to top-tier cryptocurrencies. Is it possible? While challenging, several conditions could make it more realistic:

  • A listing on Binance or Coinbase
  • Game or NFT integrations expanding PNUT’s use cases
  • High-impact influencer or media campaigns
  • Sustained community enthusiasm and meme momentum

PNUT hit its all-time high in November 2024. Its growth since then shows the market is willing to rally behind it, but reaching 100x will require much more than social buzz.

Buy PNUT on Bitunix in 3 Steps

Bitunix offers spot and futures trading for PNUT/USDT with leverage up to 10x. Here’s how to get started:

  1. Create a free Bitunix account.
  2. Deposit USDT or SOL into your wallet.
  3. Search “PNUT/USDT” and execute a market order.

With fast execution and advanced tools like stop-loss and take-profit settings, Bitunix provides a reliable platform for PNUT traders.

Risks to Keep in Mind

Like all meme coins, PNUT comes with high risks. Its volatility can create huge gains or sharp losses. Some of the main risks include:

  • Meme fatigue if the hype fades
  • Price manipulation by influencers or whales
  • Exchange delistings or reduced liquidity
  • Lack of sustainable utility beyond the meme

Investors should trade with caution, use risk controls, and never allocate more than they can afford to lose.

Is PNUT Worth Watching?

PNUT stands out because it is more than just a meme — it is tied to an emotional backstory, has strong liquidity, and enjoys a growing community. While it remains speculative, its combination of cultural relevance and real trading volume make it one of the most interesting meme coins of 2025.

For high-risk investors seeking the next potential 100x opportunity, PNUT deserves a place on the watchlist.

FAQs

Is PNUT available on Bitunix?

Yes. PNUT/USDT is available in both spot and futures markets.

What makes PNUT different from other meme coins?

Its backstory, political attention, and strong trading volume set it apart.

What is PNUT’s market cap in 2025?

As of May 2025, PNUT’s market cap is about $327 million.

What’s the 2025 price forecast for PNUT?

Some forecasts suggest $1–$2 if momentum continues, but meme coins remain unpredictable.

How do I manage PNUT trading risk?

Use stop-loss and take-profit orders. Bitunix provides built-in tools for both.

Can PNUT really 100x from $0.40?

It is possible but would require massive adoption, major exchange listings, and continuous meme traction.

Is PNUT a smart long-term hold?

It is speculative. Investors may want to balance PNUT with established assets like BTC, ETH, or SOL.

About Bitunix

Bitunix is one of the world’s fastest growing professional derivatives exchanges, trusted by over 3 million users across more than one hundred countries. Ranked among the top exchanges on major data aggregators, Bitunix processes billions in daily volume and offers a comprehensive suite of products including perpetual futures with high leverage, spot markets, and copy trading. Users can trade bitcoin and other major cryptocurrencies on the platform, taking advantage of advanced trading features. Known for its Ultra K line trading experience and responsive support, Bitunix provides a secure, transparent, and rewarding environment for both professional and everyday traders. Bitunix Academy adds structured lessons so you can build skills while you trade.

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Disclaimer: Trading digital assets involves risk and may result in the loss of capital. Always do your own research. Terms, conditions, and regional restrictions may apply.

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