Peanut the Squirrel

Peanut the Squirrel PricePNUT

₹5.066422
₹0.007959+0.16%

Last updated:--

View Chart

Peanut the Squirrel Price Today

Current PNUT/INR real-time price is ₹5.066422, with a 24-hour change rate of +0.16% and a 7-day change rate of -8.42%. PNUT currently ranks #377 globally by market cap, with a total market cap of ₹506.736978Cr, a fully diluted valuation (FDV) of ₹506.736978Cr, and a 24-hour trading volume of ₹81.42664Cr. In terms of supply, PNUT has a maximum supply of ∞, a current circulating supply of 99.98Cr, with 100.00% already in circulation and 0.00% remaining to be unlocked.

About Peanut the Squirrel

What Is Peanut the Squirrel (PNUT)?

Peanut the Squirrel (PNUT) is a meme coin built on the Solana blockchain, known for its high volatility and community-driven nature. As a meme cryptocurrency, its value is primarily driven by community sentiment, social media trends, and speculative trading rather than underlying utility. The token operates on Solana's Proof-of-Stake (PoS) consensus mechanism, benefiting from fast transaction speeds and low fees. PNUT has no maximum supply cap, and its circulating supply is considered fully distributed. Trading PNUT involves significant risk due to its extreme price volatility, typical of the meme coin sector.

Peanut the Squirrel (PNUT) Key Specifications & Tokenomics

Peanut the Squirrel (PNUT) is a meme token that leverages the Solana network's efficiency to create a fast and low-cost trading experience for its community.

ItemDetails
Name (Ticker)Peanut the Squirrel (PNUT)
Alternative NamesPNUT
Consensus MechanismProof-of-Stake (PoS) via the Solana blockchain
Smart ContractsYes (Solana Program Library - SPL token standard)
CategoryMeme Coin
Hash AlgorithmSHA-256
Block RewardN/A (Token distribution is complete)
Max SupplyNo maximum supply
TPSBenefits from Solana's high throughput (thousands of transactions per second)
Scaling SolutionNative to the Solana Layer 1 blockchain
BlockchainSolana

Who Created Peanut the Squirrel (PNUT)?

Like many meme coins, Peanut the Squirrel was launched by an anonymous developer or team. The project emphasises its community-centric nature, where holders and social media promoters drive its growth and visibility. The lack of a known founding team is common in the meme coin space, shifting focus entirely to the token's branding, the "Peanut the Squirrel" character, and its online community. Development and marketing efforts are typically decentralised, relying on organic social media engagement on platforms like Twitter (X), Telegram, and Discord to sustain interest and trading activity.

How Does Peanut the Squirrel (PNUT) Work?

PNUT functions as a standard SPL token on the Solana blockchain. Here's how it operates:

  • Blockchain Foundation: It exists on Solana, a high-performance network using a Proof-of-Stake consensus mechanism. This provides the infrastructure for secure, fast, and inexpensive transactions.
  • Token Standard: As an SPL token, PNUT follows the same technical rules as other tokens on Solana, like USDC or other meme coins. This ensures compatibility with Solana wallets, decentralised exchanges (DEXs), and other applications within the ecosystem.
  • Transaction Flow: When users buy, sell, or transfer PNUT, the transaction is broadcast to the Solana network. Validators then process and confirm these transactions, recording them on Solana's public ledger. The entire process is designed to be completed in seconds with minimal fees.
  • Community Governance: While typically not featuring formal on-chain governance, the project's direction is often influenced by community sentiment and the collective actions of its holders on social media.

What Makes Peanut the Squirrel (PNUT) Unique and Valuable?

PNUT's uniqueness and perceived value are almost entirely derived from its status as a meme coin within the Solana ecosystem.

  • Solana Advantage: Being on Solana is a key differentiator. It offers much faster transaction speeds and lower costs compared to meme coins on networks like Ethereum, making it more accessible for frequent trading and micro-transactions, which are common in meme coin communities.
  • Cultural & Community Driver: Its value proposition is cultural rather than technological. The "Peanut the Squirrel" mascot and the community built around it create a shared identity. Value is generated through viral marketing, online engagement, and the network effect of a growing holder base.
  • Speculative Trading Vehicle: For traders, its primary utility is as a high-volatility asset. The lack of a max supply and fully distributed nature means its price is a pure reflection of market demand and sentiment, offering significant short-term trading opportunities (and risks).
  • Niche in Crypto Narrative: It represents the "animal meme coin" niche on Solana, competing for attention and capital with other similar tokens. Success depends on its ability to maintain a strong and active community.

What Is Peanut the Squirrel (PNUT) Used For?

The use cases for PNUT are aligned with its meme coin characteristics:

  • Speculative Trading: The primary use is buying and selling PNUT to profit from price fluctuations. Traders engage with it on both centralised exchanges (CEXs) and decentralised exchanges (DEXs) on Solana.
  • Community Participation: Holding PNUT can signify membership in its online community. Holders often participate in social media campaigns to promote the token and increase its visibility.
  • Tip and Donation Currency: Within its community, PNUT can be used as a form of tipping or rewarding content creators and promoters on social platforms, facilitated by Solana's low fees.
  • Liquidity Provision: Users can provide PNUT and another token (like SOL or USDC) as liquidity on Solana-based DEXs to earn trading fees, though this involves the risk of impermanent loss.

How Is the Peanut the Squirrel (PNUT) Ecosystem Developing?

The PNUT ecosystem is minimalistic and community-focused, typical for meme coins.

  • Community Growth: Development is centred on expanding and engaging its online community. This includes managing social media channels, creating memes and content, and sometimes organising community events or contests.
  • Exchange Listings: A key milestone for any meme coin is securing listings on reputable exchanges to improve liquidity and access. Listings on major platforms are significant achievements.
  • DEX Integration: PNUT is typically traded on Solana DEXs like Raydium or Orca. Deepening its liquidity pools on these platforms is an ongoing effort to ensure smooth trading.
  • Merchandise and Branding: Some meme coin communities develop merchandise (like digital stickers or physical goods) featuring the token's mascot to strengthen brand identity.

How to Mine Peanut the Squirrel (PNUT)?

PNUT is not a mineable cryptocurrency. It was created and fully distributed at launch on the Solana blockchain. There is no process of validating transactions or securing the network to earn PNUT as a reward. All PNUT tokens in circulation were minted initially and are now only obtainable through purchasing them on the open market from other holders via cryptocurrency exchanges.

How to Keep Your PNUT Coin Safe?

Securing your PNUT tokens is crucial due to the high-risk nature of the asset.

  • Use Reputable Wallets: Store PNUT in a non-custodial wallet that supports Solana SPL tokens, such as Phantom, Solflare, or Ledger hardware wallets. This gives you full control over your private keys.
  • Beware of Scams: Meme coins are frequent targets for scams. Never share your private key or seed phrase with anyone. Be extremely cautious of unsolicited messages, fake giveaway websites, and impersonator accounts on social media.
  • Double-Check Contracts: When interacting with DEXs or new websites, always verify the official PNUT token contract address to avoid sending funds to malicious look-alike tokens.
  • Exchange Storage: For active traders, keeping a portion on a secure, reputable exchange can be convenient, but remember that you do not control the private keys for exchange-held assets.

How to Buy PNUT Coin?

PNUT is a cryptocurrency listed on several exchanges. For higher liquidity and a secure trading environment, using a major platform is recommended.

  1. Register an Account: Sign up using your email or mobile number and complete the KYC verification to unlock more features and benefits of the platform.
  2. Deposit Funds: Deposit fiat currency (via bank transfer, card, or third-party payment) or transfer USDT from an external wallet into your account.
  3. Start Trading: Go to the trading page and search for the spot trading pair PNUT/USDT or the perpetual contract PNUTUSDT.
  4. Place an Order: Enter the amount of PNUT you wish to purchase and submit the order. For contract trading, you can also choose to go short (sell) and adjust the leverage multiplier according to your strategy and risk tolerance.
  5. Confirm Your Purchase: For spot purchases, check your personal account to see if the coins have arrived. For contract trades, check the trading page to see if your order was filled successfully.

How to Buy and Use Peanut the Squirrel

Purchase Guide

Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)

  1. 1Register AccountUse email or phone number to quickly complete BTCC registration in under 1 minute.
  2. 2Identity VerificationComplete basic KYC verification to protect your account and assets.
  3. 3Quick TradeSupports credit cards, online banking and other quick purchase methods.
  4. 4Receive CoinsPeanut the Squirrel is instantly credited to your BTCC account, ready for trading at any time.

Related Trading

Choose Peanut the Squirrel products that suit your trading style

Spot Trading
Peanut the SquirrelPNUTUSDT

Zero slippage, ultra-fast matching, supports large spot transactions seamlessly, ideal for long-term asset allocation and spot accumulation.

Trade

Peanut the Squirrel FAQs

Does PNUT have staking or a consensus mechanism, and how does Solana's inflation affect PNUT supply and price?

Peanut the Squirrel (PNUT) does not run its own consensus mechanism and has no native staking program. It is an SPL token on Solana, so it inherits Solana's Proof-of-History plus Proof-of-Stake consensus for settlement and security. Because PNUT is a fixed-supply meme asset with a max supply of ∞, Solana's inflation does not mint new PNUT tokens.

Solana's own SOL issuance and fee dynamics affect the network, not the PNUT supply schedule. On the demand side, low Solana fees make PNUT cheap to trade, which supports liquidity and turnover. Some sources also note a deflationary element in PNUT tokenomics, though details are limited.

For long-term price, PNUT is driven mainly by community demand, exchange listings and meme-sector sentiment rather than staking yield or issuance. Traders can express a view on PNUT via the PNUT/USDT perpetual contract on BTCC.

How do Solana network upgrades and low gas fees impact Peanut the Squirrel's ecosystem and PNUT value?

Peanut the Squirrel (PNUT) is built on Solana, so its ecosystem benefits directly from Solana's upgrades and low transaction costs. Faster block times, higher throughput and cheaper fees make it easier for the PNUT community to move tokens, tip, airdrop and trade without paying high gas.

Low fees also support DEX activity, meme-token launches and social-driven trading, which historically drive volume and attention toward Solana meme coins like PNUT. When Solana's DeFi, NFT and DApp activity expands, it can lift overall on-chain demand and liquidity for PNUT.

Unlike Ethereum, Solana does not use an EIP-1559-style burn that reduces PNUT supply, so the main channel is demand and liquidity rather than supply reduction. For traders, this means PNUT price is sensitive to Solana ecosystem momentum, and BTCC's PNUT/USDT perpetual contract offers a way to trade that view with leverage.

Will a PNUT spot ETF or institutional adoption bring more money into Peanut the Squirrel?

A spot ETF is a fund that holds the underlying asset and issues shares that trade on a traditional exchange. If a Peanut the Squirrel (PNUT) spot ETF were approved, it would let institutional and retail investors gain exposure through brokerage accounts without managing a Solana wallet or private keys.

Sustained institutional inflows typically raise liquidity, improve market depth and add legitimacy to an asset, which can lift its price floor over time. For a meme coin like PNUT, an ETF or broader institutional adoption would also increase visibility and could attract larger market makers.

However, PNUT is a Solana SPL meme token with no cash flows or governance rights, so ETF approval is not guaranteed and would depend on regulatory criteria. Until then, institutional interest tends to arrive through exchange listings and derivatives. Traders can position via the PNUT/USDT perpetual contract on BTCC.

How does PNUT compare to dogwifhat (WIF) as a Solana meme coin investment?

Both Peanut the Squirrel (PNUT) and dogwifhat (WIF) are Solana-based meme coins, but they differ in origin, supply model and community narrative. The table below summarizes the main dimensions.

DimensionPeanut the Squirrel (PNUT)dogwifhat (WIF)
Core PositioningMeme coin tied to the viral Peanut the Squirrel storyDog-themed meme coin with a hat mascot
Supply ModelFixed max supply of ∞, effectively fully circulatingFixed-supply meme token, largely circulating
ConsensusSolana SPL token, inherits Solana consensusSolana SPL token, inherits Solana consensus
Main Use CasesCommunity, meme culture, animal-welfare narrativeCommunity, meme culture, retail trading

Both are high-volatility assets driven by sentiment and listings. PNUT leans on a real-world viral story, while WIF leans on dog-meme branding. Traders can trade either via BTCC perpetual contracts.

How do I set stop-loss and take-profit levels when trading PNUT futures?

On BTCC, you can attach stop-loss (SL) and take-profit (TP) orders to any PNUT/USDT perpetual contract position. Use them to cap risk and lock in gains.

  • Long position: place the SL below a key support zone, the recent swing low, or a moving average you are trading against. Set the TP near the next resistance level or a measured-move target.
  • Short position: place the SL above a key resistance zone or the recent swing high. Set the TP near the next support level.
  • Trailing stop: use a trailing stop to follow price as it moves in your favor, locking in profit automatically. Once the trade is in profit, move the SL to break-even to remove downside risk.

Always size positions so the distance to your SL matches your risk budget, and remember that leverage magnifies both gains and losses.

What is PNUT's current price, market cap, and 24-hour trading volume?

The current price of Peanut the Squirrel (PNUT) is ₹5.066422, with a market cap of ₹506.736978Cr and 24h trading volume of ₹81.42664Cr. The circulating supply is 99.98Cr (max supply ∞).

Because PNUT is a Solana meme coin, its price and volume can move quickly with market sentiment, exchange listings and social-media activity. For the most up-to-date numbers, check the PNUT/USDT perpetual contract page on BTCC, where you can view the live order book, funding rate and recent trades before placing an order.

What are the main drivers behind Peanut the Squirrel's PNUT price movements?

Peanut the Squirrel (PNUT) is a meme coin, so its price is driven by a mix of supply, ecosystem and macro factors.

  • Supply side: PNUT has a fixed max supply of ∞ and is effectively fully circulating, so new demand moves price directly. Exchange reserves and large-holder flows can also shift available liquidity.
  • Ecosystem: Solana network activity, DEX volume, meme-token launches and community campaigns around PNUT affect attention and turnover. Listings on major exchanges have historically driven sharp moves.
  • Macro: Fed rate decisions, global liquidity conditions, ETF net flows and crypto regulation all influence risk appetite. Viral social-media events, such as high-profile posts, have also triggered rapid PNUT rallies.

Traders can express these views on BTCC via the PNUT/USDT perpetual contract.

What is PNUT's all-time high and all-time low price?

The all-time high of Peanut the Squirrel (PNUT) is ₹237.151607, reached on 2024-11-14 01:15; the all-time low is ₹3.262614, recorded on 2024-11-05 04:10.

Because PNUT launched in November 2024 as a Solana meme coin, its full price history is relatively short, and different data providers may report slightly different highs and lows depending on the exchange and pair used. For the most accurate view, inspect the full-cycle chart on BTCC, where you can switch between timeframes and overlay indicators on the PNUT/USDT perpetual contract.

How do I read PNUT candlestick charts for futures trading?

Reading PNUT candlestick charts starts with the basics:

  • Candle anatomy: each candle shows the open, high, low and close for a period. The body is the range between open and close; the wicks show the extremes.
  • Support and resistance: horizontal zones where price has repeatedly reversed or paused. These are common areas to plan entries, stops and targets.
  • Moving averages: MA and EMA lines smooth price and show trend direction. Price above a rising MA often signals an uptrend.
  • RSI: above 70 is often read as overbought, below 30 as oversold. Use it with trend context, not alone.
  • Volume: a breakout with rising volume is stronger than one on low volume.

Combine these tools on the PNUT/USDT chart on BTCC before placing a trade.

How can I profit from PNUT when the Peanut the Squirrel price drops?

You can profit from a falling Peanut the Squirrel (PNUT) price without holding spot by shorting the PNUT/USDT perpetual contract on BTCC. A short position opens at a high price and closes (buys back) at a lower price, so the difference is your profit.

This gives traders a two-way opportunity: you can go long when you expect PNUT to rise, or short when you expect it to fall or pull back. Shorting is especially useful in bear markets or during corrections when spot holders may be losing value.

Use stop-loss orders above key resistance to cap risk, and consider take-profit orders near support. Because perpetual contracts use leverage, position sizing and risk management are essential.

Can I trade PNUT perpetual contracts with high leverage?

Yes. BTCC offers flexible leverage on PNUT/USDT perpetual contracts, up to 50x, subject to platform risk rules and your account tier. Higher leverage lets you control a larger position with less margin, but it also magnifies both gains and losses.

For beginners, starting at 2x–10x is generally recommended, with a strict stop-loss on every trade. Always check the maintenance margin and liquidation price before confirming an order, and avoid using maximum leverage on volatile meme coins like PNUT.

You can adjust leverage on the PNUT/USDT contract page on BTCC and practice with a demo account before trading real funds.

How do I practice PNUT trading with a free demo account?

After registering on BTCC, you can switch to Demo Trading mode and receive virtual funds, such as 100,000 USDT, to practice without risking real money. The demo environment uses real PNUT market data, so prices, order books and funding rates reflect live conditions.

Use the demo account to practice leverage adjustment, order placement, margin modes, and take-profit / stop-loss settings on the PNUT/USDT perpetual contract. You can test long and short strategies, try trailing stops, and get comfortable with the interface before going live.

Once you are confident, complete KYC and deposit real USDT to start trading PNUT with actual funds.

How do I buy and trade Peanut the Squirrel (PNUT) step by step?

Follow these four steps to buy and trade Peanut the Squirrel (PNUT) on BTCC:

  1. Register on BTCC and complete KYC verification.
  2. Deposit USDT via card or an external wallet.
  3. Go to the PNUT/USDT perpetual contract page.
  4. Set your margin mode and leverage, choose Long or Short, set stop-loss and take-profit orders, then confirm the order.

Before trading, review the live PNUT chart and order book. Start with lower leverage and a strict stop-loss, and consider practicing in the demo account first. BTCC supports up to 50x leverage on PNUT/USDT perpetual contracts, subject to platform risk rules.

Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.