Bitget lists Peanut the Squirrel (PNUT) on its Spot Corridor

Victoria, Seychelles, 7th November, 2024 – Bitget, the leading cryptocurrency exchange and Web3 company has listed Peanut the Squirrel (PNUT) on its platform for Spot trading, offering users access to trending digital assets with significant market potential. The token will be available for trading starting November 7, 2024, at 20:00 (UTC+8), bringing an anticipated addition to the innovation-focused trading ecosystem.

Peanut the Squirrel (PNUT) has drawn interest especially within the Solana blockchain community. The token's recent performance has shown impressive trading demand, highlighted by a 24-hour decentralized exchange (DEX) trading volume surpassing $100 million and a total network transaction volume over $150 million.

PNUT's distinctive narrative is partly rooted in a viral storyline. Inspired by a well-known incident involving a beloved squirrel—referred to as Peanut—who was seized by the New York State Department of Environmental Conservation, PNUT has become a notable symbol among internet communities. This narrative has resonated widely, drawing attention from prominent figures and KOLs (key opinion leaders) within the crypto and digital art spheres. Influencers including Beeple and Elon Musk have amplified PNUT's reach, driving substantial traction on social media platforms, further fueling its appeal. Notably, Twitter has become a hub for PNUT-related discourse, with active daily engagement that places it among the most talked-about meme tokens.

PNUT’s current chip structure reinforces its stability. Early significant stakeholders have largely transitioned their holdings, and now the top 10 addresses collectively maintain around 12% of PNUT’s total supply, contributing to a balanced distribution. Despite its meme-based origins, PNUT has managed to capture mainstream appeal, leveraging its web2 notoriety alongside substantial web3 community support. The token’s ongoing visibility and alignment with recognized narratives within pop culture have generated substantial anticipation, with the market responding favorably to these developments.

As Bitget continues to curate unique and influential assets within its innovation zone, the listing of PNUT signifies an entry into a vibrant submarket with proven engagement and a steadily increasing market valuation.

Bitget continues to expand its offerings, positioning itself as a leading platform for cryptocurrency trading. The exchange has established a reputation for innovative solutions that empower users to explore crypto within a secure CeDeFi ecosystem. With an extensive selection of over 800 cryptocurrency pairs and a commitment to broaden its offerings to more than 900 trading pairs, Bitget connects users to various ecosystems, including Bitcoin, Ethereum, Solana, Base, and TON. The addition of PNUT into Bitget’s portfolio marks a significant step toward expanding its ecosystem, allowing users to access new tools and opportunities in the evolving DeFi landscape.

For more information on PNUT tokens, please visit here.

Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 45 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM market, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

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