What is Peanut the Squirrel? PNUT Token price prediction

In the traffic of New York City, a gray squirrel pup injured by a car was rescued by resident Mark Lango and named "Peanut." Over the next seven years, it gained over 600,000 followers on Instagram by sharing daily videos of eating pancakes and interacting with cats, becoming an "internet celebrity" in the animal world.

However, on October 30, 2024, the New York State Department of Environmental Conservation (DEC) raided Mark's residence on the grounds of "health risks," taking away peanuts and euthanizing them. This incident instantly ignited the internet, with Musk tweeting furiously to condemn the "government has become an unconscious killing machine," while Trump's camp politicized it as a symbol of "government overreach," with the hashtag #JusticeForPeanut sweeping social media.

To commemorate peanuts and promote reforms in animal protection laws, the community created the PNUT token on the Solana blockchain in November 2024. It is not only a meme coin but also carries the mission of reforming wildlife regulations and supporting the animal sanctuary P'Nuts Freedom Farm. Within just three days, its market value exceeded $130 million, becoming a rare symbol of social movement in the crypto world.

##PNUT Technology and Market: Justice Token on Solana PNUT is built on the Solana blockchain, leveraging its high speed and low transaction fees to meet the high-frequency trading demands of meme coins. The total supply of the token is fixed at 1 billion, of which 99.98% (approximately 999.8 million) is already in circulation. All tokens are injected into liquidity pools, with no pre-mining or team reserves, ensuring decentralization.

Market Performance and Volatility

• All-time high: reached $2.5011 on November 14, 2024, with a 24-hour increase of 422.3%, directly catalyzed by Musk's tweet "A squirrel and a meme coin saved America."
• Severe pullback: As of April 2025, the price has fallen to $0.1349, down over 90% from the peak, reflecting the typical speculative nature of meme coins.
• Coin distribution: The top 10 holders control 75.37% of the supply, and the movements of whale addresses may exacerbate price fluctuations.

The current market value is approximately $252 million, with a 24-hour trading volume often exceeding $100 million, and a community base of 81,000 wallet addresses, making it the third largest meme coin in the Solana ecosystem.

##Factors Influencing Prices: Sentiment, Celebrities, and Ecological Progress

Social Sentiment and Celebrity Effect

The rise and fall of PNUT is closely tied to social issues and celebrity comments. For example:

• During the U.S. election, the Trump team shaped the death of peanuts as a case of "government overreach," promoting PNUT as a symbol of political protest, with prices surging 1673% in a single week.
• Every mention by Musk triggers an instant surge, highlighting his control over retail investor sentiment.

Exchange Dynamics and Liquidity

Listing on mainstream exchanges is a key price catalyst:

• After the launch of PNUT on Gate and several leading trading platforms in November 2024, the price surged by 141.15% within 1 hour.
• If we expand in the future to compliant platforms like Robinhood, it may attract incremental funds.

Ecological Expansion Plan

The project team attempts to break through the limitations of "pure meme" and plans three major directions:

• Staking feature: Allows coin holders to earn rewards and enhances the willingness to hold long-term.
• Animal Sanctuary Donations: A portion of the transaction fees is injected into P’Nuts Freedom Farm to strengthen the narrative of social value.
• Solana ecosystem game collaboration: develop a squirrel-themed dApp to increase token utility.

##Future Price Prediction: Balancing Rationality and Risk Based on historical data and market models, analysts have made a tiered forecast for PNUT:

1. 2025 - 2026: If the bull market continues and the community remains active, the price may rise to $0.3142 (an increase of about 133% from the current price).
2. 2030 - 2031: Under the premise of ecological application landing, the long-term value may reach 0.8119 USD, with a cumulative return rate of 254.05%.

##Conclusion Peanut the Squirrel has transformed from a tragic social event into a symbol of social movement in the Web3 era. The PNUT token embodies the ideals of animal rights reform while also exposing the vulnerabilities of the meme coin market. For investors, it represents a high-risk, high-volatility speculative opportunity; for activists, it serves as an experimental ground for blockchain-enabled social issues. In the future, whether PNUT can transcend the fate of being a fleeting meme depends on its ability to truly convert the nostalgia of its 600,000 fans into a sustainable force for animal protection after the frenzy subsides.

Author: Blog Team *This content does not constitute any offer, solicitation, or recommendation. You should always seek independent professional advice before making any investment decisions. *Please note that Gate may restrict or prohibit all or part of services from restricted areas. Please read the user agreement for more information, link: