Coinbase to list PNUT meme coin

Viral meme coin Squirrel Peanuts has been added to Coinbase’s asset roadmap.

PNUT has been officially included in Coinbase’s asset roadmap. This move likely means a potential future listing is coming on the platform, pending further evaluation and approval.

According to Crypto.news data, PNUT (PNUT) currently has a circulating supply of 100 million tokens and a market cap of approximately $1,324,835,062. The announcement triggered a significant surge in price. PNUT is currently trading at $1.34.

It is currently trading at $1.34.

Coinbase’s inclusion in the roadmap often brings attention to smaller projects, potentially increasing their visibility and market adoption. However, listing on the exchange is not guaranteed as assets must meet certain compliance and technical standards.

PNUT’s viral history

Launched in November, PNUT is a Solana-based meme coin inspired by the viral internet squirrel named Peanut.

Mark Longo saved Peanut from a car accident and shared his experiences on an Instagram account dedicated to Peanut and another animal named Fred. However, the New York City Department of Environmental Conservation later seized the animals from Longo’s home following anonymous complaints.

The PNUT token was created to honor Peanut’s memory. Built on the Solana (SOL) blockchain, this coin initially allowed animal lovers to contribute to animal rescue initiatives but quickly became a viral meme coin.

Coinbase recently joined the meme coin trend with several listings, including MOODENG and MOG.