Peanut the Squirrel Token Gains 9% on Solana Blockchain

Peanut the Squirrel, a token built on the Solana blockchain, has garnered significant attention in the cryptocurrency market. The token, known as PNUT, was created in response to the seizure and subsequent euthanization of a pet squirrel named Peanut by the New York State Department of Environmental Conservation on October 30. This event sparked widespread debate on social media and led to the introduction of new legislative measures.

The current live price of the PNUT crypto is $0.47357895. According to various predictions, the price of PNUT could reach a high of $2.16 by 2025. The potential surge in the price of PNUT is attributed to the current buying and selling pressure, which could result in an average price of $1.38 during that year. However, if a strong bearish reversal occurs, the market could enter a FUD-like situation, potentially concluding the year with a low of $0.60.

Looking ahead to 2026, the PNUT price may reach a high of $4.43, with a potential low of $1.26. The average price could settle at around $2.71. By 2027, the single price of the PNUT meme coin could achieve a maximum price of $5.76, with a potential low of $1.43 and an average price of $3.59. In 2028, the Peanut the Squirrel price can hit a low of $1.99 with a potential high of $7.08, and the average price could be $4.53.

As per CoinPedia’s expert panel, this Solana-based memecoin may reach a high of $9.36 by 2029. However, the PNUT price could hit a low of $2.78 and an average price of $6.07. By 2030, the price may head toward a new milestone of $12.15. Negatively, this altcoin could close the year at a low of $3.85 and an average price of $8.00.

According to the analyst's forecast, if the PNUT memecoin comes up with fundamental updates following its sensational hype, this could push its price toward a new high in the near future. If the bullish sentiment sustains, this could result in this memecoin pushing its value toward a high of $2.16 by the year-end. On the flip side, if the bears regain momentum, this meme coin may experience a pullback that could result in its plunging toward its low of $0.60.

The PNUT coin is available for buying, selling, and holding on all the major centralized and decentralized exchange platforms. The value of 1 token was $0.4318 at the time of writing. Peanut the Squirrel is a newly launched meme coin on the Solana blockchain, and it is indeed a memecoin. Mark Longo, a content creator, engineer, and construction worker, is associated with the project. Unfortunately, Peanut the Squirrel was euthanized on October 30 after being seized from the owner’s home in New York state.