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A cryptocurrency token based on a squirrel called Peanut ($PNUT) is seeing incredible growth, which could make this coin an unexpected opportunity for investors to get excited about.
Launched on the Solana blockchain, Peanut is based on a rescued injured squirrel. Her story turned into a cause for animal rights, but when she was… Put down due to public health concernsbecame a hot topic just before the election, with Donald Trump and Elon Musk wading into the conversation.
One tweet from Musk was enough to send the price of $PNUT soaring
The natural development of the meme coin was achieved, and after Musk promoted it online, the market value of the coin rose from $3 million to $140 million in just 24 hours.
Since mid-November, the price has risen continuously, but its value has declined in the past few days by 9.7%, reaching $1.11. However, from what we are seeing, this appears to be an industry-wide contraction and not a $PNUT-specific contraction.
While its future remains promising, investing in cryptocurrencies offers no guarantees. Especially the meme currency that seems to owe its astonishing growth to a topic that has quickly become politicized.
If investing in the squirrel meme coin isn’t your thing, or you just missed out on the 50x $PNUT, we have two other profitable and rising meme coins worth considering.
Here are the new 55x potential coins we’re monitoring 👇
Wall Street Baby
Wall Street Call ($WEPE) It aims to capitalize on the hugely popular Pepe the Frog meme coin, and so far it seems to be working.
With over $2.5 million raised in pre-sale in just one week, Claybro, a popular cryptocurrency influencer, is also making some bold price predictions That 2025 will be the year in which early investors (those who jump in now in 2024) will see their profits reach perhaps 500%.
So, if you are looking for a coin to invest in, the Wall Street Pepe has a very bullish outlook that bodes well for a potentially great return on your money. At just $0.000205 per $WEPE right now, this would be a good time to buy.
All-star encryption
Cryptostars ($STARS) It is another new meme currency whose prices are expected by financial market experts to rise significantly at the end of this year and during 2025.
With over $2 million in pre-sales and a current price of $0.0034067, $STARS is another meme that is expected to bring something A 500% jump for investors. But this is obviously an expectation, not a guarantee.
Invest – but do your due diligence first
Despite all the positive news you’ve read about $PNUT, $STARS, and $WEPE, we must strongly stress the importance of doing your own independent research. We do not provide financial advice or guarantees.
So, before committing your money, read about each of these three new altcoins and come to your own conclusions.