In 2024, Peanut the Squirrel (PNUT) was launched to address governmental overreach and promote reform. As a social media-inspired cryptocurrency, PNUT plays a key role in advocating for change and immortalizing a beloved figure on the blockchain.
As of 2025, PNUT has become a notable asset in the cryptocurrency space, ranking 382nd by market capitalization. It has garnered a significant following with 84,927 holders and is listed on 35 exchanges.
This article will analyze its technical architecture, market performance, and future potential.
Peanut the Squirrel (PNUT) was created in 2024, inspired by a viral social media sensation. The project aims to address the issue of governmental overreach and promote reform. It was born in the context of a tragic event where a beloved squirrel named P'Nut was wrongfully euthanized, sparking public outrage.
PNUT's launch brought new possibilities for digital activism and memorialization on the blockchain.
With support from its community, PNUT continues to optimize its approach to digital activism and real-world applications.
PNUT operates on a decentralized network of computers (nodes) worldwide, free from control by banks or governments. These nodes collaborate to validate transactions, ensuring system transparency and attack resistance, empowering users with greater autonomy and enhancing network resilience.
PNUT's blockchain is a public, immutable digital ledger that records every transaction. Transactions are grouped into blocks and linked through cryptographic hashes, forming a secure chain. Anyone can view the records, establishing trust without intermediaries.
As PNUT is built on the Solana blockchain, it benefits from Solana's high throughput and low latency.
PNUT leverages Solana's Proof-of-Stake (PoS) consensus mechanism to validate transactions and prevent fraudulent activities like double-spending. Validators maintain network security by staking SOL tokens and running nodes, receiving rewards for their participation.
PNUT utilizes public-private key encryption to protect transactions:
This mechanism ensures fund security, while transactions maintain pseudonymity. As a Solana token, PNUT benefits from Solana's robust security features and high-speed transaction processing.
As of November 16, 2025, PNUT has a circulating supply of 999,858,912.07 tokens, with a total supply of 1,000,000,000.
PNUT reached its all-time high of $2.50119 on November 14, 2024. Its lowest price was $0.048, recorded on November 5, 2024. These fluctuations reflect market sentiment, adoption trends, and external factors.
Click to view the current PNUT market price

PNUT's ecosystem supports various applications:
PNUT has established itself as a symbol of resistance against governmental overreach, potentially attracting supporters of civil liberties and animal rights.
PNUT faces the following challenges:
These issues have sparked discussions within the community and market, driving PNUT's ongoing evolution.
PNUT's community is vibrant, with 84,927 holders as of November 16, 2025. On X platform, posts and hashtags related to PNUT often trend, particularly those referencing the story of Peanut the Squirrel. The tragic story of Peanut and the movement for reform have ignited community passion.
Sentiment on X appears divided:
Recent trends show a mix of emotional support for the cause and financial interest in the token.
X users actively discuss PNUT's role in raising awareness about governmental overreach, animal rights, and the power of blockchain in social movements.
PNUT redefines the concept of meme coins by tying it to a social movement, offering transparency and a platform for protest. Its active community, emotional story, and market performance make it unique in the cryptocurrency space. Despite facing challenges like regulatory scrutiny and maintaining relevance, PNUT's innovative spirit and clear mission position it as a notable player in the intersection of blockchain and social activism. Whether you're new to crypto or an experienced enthusiast, PNUT presents an interesting case of blockchain technology being used for social causes.
No, Pnut is not a meme coin. It's a utility token with real-world applications in the Peanut Protocol ecosystem, focusing on cross-chain transfers and payments.
PNUT is used as a utility token in the Peanut Protocol ecosystem, enabling governance voting, staking for rewards, and accessing premium features on the platform.
PNUT coin shows potential for growth in the Web3 ecosystem. With its innovative features and increasing adoption, it could be a promising investment for those interested in the crypto market's future.
Pnut was created as a community-driven cryptocurrency project in 2024, aiming to revolutionize decentralized finance with its innovative tokenomics and governance model.
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