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View ChartPeanut 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) is a meme token that leverages the Solana network's efficiency to create a fast and low-cost trading experience for its community.
| Item | Details |
|---|---|
| Name (Ticker) | Peanut the Squirrel (PNUT) |
| Alternative Names | PNUT |
| Consensus Mechanism | Proof-of-Stake (PoS) via the Solana blockchain |
| Smart Contracts | Yes (Solana Program Library - SPL token standard) |
| Category | Meme Coin |
| Hash Algorithm | SHA-256 |
| Block Reward | N/A (Token distribution is complete) |
| Max Supply | No maximum supply |
| TPS | Benefits from Solana's high throughput (thousands of transactions per second) |
| Scaling Solution | Native to the Solana Layer 1 blockchain |
| Blockchain | Solana |
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.
PNUT functions as a standard SPL token on the Solana blockchain. Here's how it operates:
PNUT's uniqueness and perceived value are almost entirely derived from its status as a meme coin within the Solana ecosystem.
The use cases for PNUT are aligned with its meme coin characteristics:
The PNUT ecosystem is minimalistic and community-focused, typical for meme coins.
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.
Securing your PNUT tokens is crucial due to the high-risk nature of the asset.
PNUT is a cryptocurrency listed on several exchanges. For higher liquidity and a secure trading environment, using a major platform is recommended.
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TradePeanut 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.
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.
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.
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.
| Dimension | Peanut the Squirrel (PNUT) | dogwifhat (WIF) |
|---|---|---|
| Core Positioning | Meme coin tied to the viral Peanut the Squirrel story | Dog-themed meme coin with a hat mascot |
| Supply Model | Fixed max supply of ∞, effectively fully circulating | Fixed-supply meme token, largely circulating |
| Consensus | Solana SPL token, inherits Solana consensus | Solana SPL token, inherits Solana consensus |
| Main Use Cases | Community, meme culture, animal-welfare narrative | Community, 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.
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.
Always size positions so the distance to your SL matches your risk budget, and remember that leverage magnifies both gains and losses.
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.
Peanut the Squirrel (PNUT) is a meme coin, so its price is driven by a mix of supply, ecosystem and macro factors.
Traders can express these views on BTCC via the PNUT/USDT perpetual contract.
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.
Reading PNUT candlestick charts starts with the basics:
Combine these tools on the PNUT/USDT chart on BTCC before placing a trade.
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.
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.
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.
Follow these four steps to buy and trade Peanut the Squirrel (PNUT) on BTCC:
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.
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