A squirrel-based crypto token called Peanut ($PNUT) is seeing incredible growth, which may make this coin a great opportunity for investors to get excited about.
Launched on the Solana blockchain, Peanut is based on an injured squirrel that was rescued. His story became a cause for animal rights, but when he was put down due to public health concerns, it became a hot topic just before the election, when Donald Trump and Elon Musk entered the conversation.
One Tweet by Musk Was Enough for $PNUT to Drop in Value
A natural progression for the meme coin was made, and after Musk promoted it online, the coin’s market cap rose from $3M to an eye-watering $140M in just 24 hours.
Since mid-November, the price has increased continuously, but its value has decreased in the past few days by 9.7%, down to $1.11. However, from what we can see, this appears to be a sector-wide collapse and not just one for $PNUT.
Although its future still looks promising, investing in crypto does not come with guarantees. Especially the meme currency that seems to be growing incredibly fast on a topic that has quickly become political.
If investing in the squirrel meme character isn’t your thing, or you just missed the 50x $PNUT, then we have two other potentially profitable and bullish meme characters that you should check out.
Here are the new coins with 55x power we are looking at 👇
Wall Street Pepe
Wall Street Pepe ($WEPE) aims to monetize the wildly popular Pepe the Frog meme character, and so far, it seems to be working.
With over $2.5M raised in the pre-sale in just one week, Claybro, a popular crypto promoter, is also making bold price predictions that 2025 will be the year when early investors (those who jump in now in 2024) will see their profits take off. up to 500%.
So, if you are looking for a coin to invest in, Wall Street Pepe has the best opportunities to promise a great return on your money. At only $0.000205 per $WEPE right now, this could be the time to buy.
Crypto All-Stars
Crypto All-Stars ($STARS) another new meme coin that financial market experts predict will increase in price by the end of this year and in 2025.
With over $2M in pre-sale and a current price of $0.0034067, $STARS is another meme coin that is expected to bring something close to 500% to investors. However, this is obviously a prediction, not a guarantee.
Invest – But Do Your Due Diligence First
Despite all the good news you read about $PNUT, $STARS, and $WEPE, we must emphasize the importance of doing your own independent research. We do not provide financial advice or guarantees.
So before you commit your money, read up on each of these three altcoins and draw your own conclusions.