Binance News: Peanut the Squirrel (PNUT) Rises Despite Bearish Meme Coin Market

In the volatile world of meme coins, one token stands out for its unique origin story and recent price surge. Despite a tough period for meme coin traders, Peanut the Squirrel (PNUT) has shown signs of life, rising 7% in the last day. Here’s a closer look at this intriguing Solana-based token and its journey to becoming one of the top tokens on Binance.

Best Meme Coins to Buy: PNUT

It’s been a rough period for meme coin traders. After weeks of bearish price action, most coins are well below their local highs – but some still show signs of life. Peanut the Squirrel (PNUT) is one such coin, rising 7% since yesterday. Created from the tragic story of a beloved pet squirrel euthanized by New York officials, PNUT has converted community outrage into one of Solana’s top tokens. With a market cap that surged to over $2 billion after its Binance listing, PNUT has shown incredible resilience despite its lack of utility. The mix of emotional connection, celebrity endorsements (like Elon Musk), and broad accessibility has contributed to its rise.

New Trump Binance Deal Explained: CZ Embraces U.S. Crypto

Politics and crypto are colliding in ways no one fully saw coming. A new Trump Binance deal is rumored to debut in 2025 between CZ of Binance and the U.S. This partnership could significantly impact the crypto landscape in America, tying it closer to the country’s political machinery. Binance reportedly started talks last year with Trump-aligned insiders about a potential stake in Binance.US for the Trump family, possibly via their new crypto brand, World Liberty Financial.