The article discusses the rise of animal-inspired memecoins in the world of cryptocurrencies, focusing on the example of $PNUT (Peanut the Squirrel). $PNUT has shown significant growth, outperforming other memecoins such as $DOGE and reaching a market cap of $1 billion in just 11 days. The success of $PNUT is attributed to its unique backstory and the viral support it gained, including from Elon Musk. The article highlights the role of strategic exchange listings and social media engagement in the growth of memecoins. It also emphasizes that while memecoins can be high-risk investments, their impact on the market and their ability to generate financial success cannot be denied.



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