Peanut the Squirrel (PNUT), a Solana-based memecoin, has seen a dramatic surge following Coinbase’s announcement to include it in its listing roadmap. The news has propelled PNUT’s price to new heights, with a market capitalization surpassing $1.34 billion.
At the same time, iDEGEN, another unique meme token, has successfully raised over $4.1 million through its unique ongoing presale, offering a new, innovative approach to trading in the crypto market.
Peanut the Squirrel (PNUT) hits $1.38 after resurgence
After the Coinbase announcement, PNUT’s price jumped 35% to a high of $1.38 before pulling back to around $1.26 at press time.
The token’s market cap also soared to $1.34 billion, solidifying its position as a leading memecoin, surpassing popular tokens like POPCAT and MOG COIN.
With the increased visibility and support from Coinbase, PNUT’s appeal is expected to go through the roof especially following its previous rally to $2.44 in November just days after its launch. The previous PNUT rally was instigated by Binance listing; meaning a successful listing on Coinbase could potentially result in another price surge.
iDEGEN raises over $4.1m with its unique presale
Parallel to the success of PNUT, iDEGEN, another meme token, has been gaining traction in the crypto space with a unique approach to token sales.
Launched on November 26, 2024, iDEGEN has quickly established itself as a compelling option for traders, raising over $4.1 million through its innovative presale model.
With more than 940 million tokens sold and the presale set to end on January 1, 2025, iDEGEN offers an alternative to traditional token launches by implementing a dynamic pricing mechanism that adjusts every five minutes based on market activity. This strategy allows for rapid price changes: a 5% increase after consecutive purchases or a 5% decrease during inactivity, creating a fast-paced trading environment that appeals to traders looking for volatility.
What sets iDEGEN apart is its integration of artificial intelligence (AI) to engage with its community. The token adapts its development based on feedback received through interactions on X (formerly known as Twitter).
This AI-driven approach ensures that iDEGEN remains responsive and aligned with the needs and expectations of its growing user base.
Additionally, iDEGEN’s expected listing price is set to be 10% higher than the final presale price. Furthermore, the token is expected to ride on the current AI hype which could propel its price even higher making it an attractive prospect for investors looking for an exciting investment opportunity.
