Whale Prints $25M in Gains

• PNUT has surged more than 90% in the past 24 hours, claiming the 80th position.
• Largest PNUT holder gained a profit of $25.1 million. 
• The whale sold 4.28 million PUNT tokens for $1.6 million in SOL.

Peanut the Squirrel (PNUT), which is a meme coin that rose 90% yesterday, gave a whale a profit of $25.1 million. The whale bought PNUT on November 3. After Bitcoin (BTC) rose after the 2024 US elections, PNUT rose significantly.

As per a post on X (formerly Twitter) by “@ai_9684xtpa,” an analyst in the digital asset space with 43.6K followers, the single-coin income of the top PUNT whale reached $25.1 million and on Tuesday, the whale sold 4.28 million tokens for 7,850 SOL (over $1.6 million), the wallet’s first sale move since November 3. However, the whale still holds a whopping 27.05 million PNUTs. 

According to the data from CoinMarketCap, PNUT is $0.9087, up 90.96% yesterday and 837.39% in the last seven days. Additionally, the meme coin rose 1617.36% in the last 30 days, which makes it one of the best-performing cryptocurrencies in the last month.

Furthermore, PNUT also reached a new all-time high of $0.9745 two hours ago. It is now 6.6% lower than its all-time high. PNUT’s market capitalization is $904.45 million, and its trading volume is $1.77 billion. Peanut the Squirrel is the 80th-largest blockchain project in the crypto space.

Meme Coins Make Higher Highs

Meme coins have become more popular recently. Dogecoin (DOGE) rose a massive 96.67% in the past seven days. DOGE is now in sixth position in the crypto market and has a market cap of $55 billion, which is higher than all other altcoins in the top 20.

Read also: Binance CEO: Bitcoin’s Bull Run is Not Over, But Beware of Greed

Shiba Inu (SHIB), Pepe (PEPE), dogwifhat (WIF), and FLOKI also rose in the last week. SHIB rose 31.39%, PEPE rose 40.46%, WIF rose 29.25%, and FLOKI rose 41.31% in the last seven days.