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February 6, 2025
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TL;DR

PNUT, a Solana-based meme coin inspired by a controversial squirrel incident, saw its value surge by around 25% to almost $1.40 before stabilizing at $1.27. The price increase may have been triggered by Coinbase adding the asset to its “roadmap” and the resurgence of the meme coin sector. The market capitalization of the meme coin niche has soared by 8% in the past 24 hours, reaching $140 billion.

Source

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