In just two months, the Solana-based meme coin Peanut the Squirrel (PNUT) has seen a massive rally of over 13,000x. With a valuation of $1.38 billion and a daily traded volume of $1.94 billion, PNUT gained mainstream adoption after its listing on Binance. The token has attracted over 72k on-chain holders and has deep liquidity on Solana-based DEXes. A lucky trader made a profit of nearly $8 million after purchasing 6.16 million PNUT for $450k and selling them on Binance. However, PNUT has faced resistance from the original owner of the squirrel allegedly killed by the US government. The owner supports another Solana meme coin called Justice for Peanut (JFP), which has seen significant gains in the past 24 hours, trading at $0.0124. JFP has a valuation of $12 million and a daily traded volume of over $10 million.



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