Peanut The Squirrel Surpasses Shiba Inu In Trading Volume: Is $1 Next?

Peanut The Squirrel (CRYPTO: PNUT) has rebounded with a 22% single-day surge but remains down 47% on the month, with traders questioning its near-term potential.

Cryptocurrency	Price	Market Cap	24-Hour Trend	24-Hour Trading Volume
Peanut The Squirrel (CRYPTO: PNUT)	$0.6217	$621.6 million	+24.8%	$572.8 million
Shiba Inu (CRYPTO: SHIB)	$0.3519	$51.8 billion	+8.1%	$371.9 million
Dogecoin (CRYPTO: DOGE)	$0.00002138	$12.6 billion	+4.9%	$3.2 billion
Pepe (CRYPTO: PEPE)	$0.00001724	$7.3 billion	+5.3%	$874.01 million

Trader Notes: Crypto Bull expressed confidence in PNUT, predicting it's time for the meme coin to reach $1 following its Coinbase listing.

$PNUT – Trend reversal 🤝

Coinbase listing and the chart is breaking out 🔥

Time to send it to $1 and beyond 🚀 pic.twitter.com/enjjpzdBo1
— Crypto Bull 🐂 ( Until 5th Sep 2025 ) (@holdersignals) January 14, 2025

Crypto Candy suggested that PNUT is nearing its bottom, with a massive breakout on the horizon.

$PNUT almost bottom out .. Breakout gonna huge.. pic.twitter.com/v2mU4rVgtk
— Crypto Candy🔥💎 (@cryptocandy24x) January 14, 2025

Statistics: According to CryptoTalkMan, PNUT has officially surpassed Shiba Inu in trading volume, becoming the third-largest meme coin by volume—only behind Pepe (CRYPTO: PEPE) and Dogecoin (CRYPTO: DOGE).

Community News: Coinbase Assets announced support for Peanut the Squirrel on the Solana network (SPL token).

Trading is set to begin on Jan. 14, pending liquidity conditions. However, trading will be restricted in certain jurisdictions.

The Coinbase listing has amplified community enthusiasm, as PNUT becomes more accessible to global traders. This, coupled with its recent performance, has bolstered expectations for the meme coin's growth trajectory.

Read Next:

If You Invested $100 In PNUT Meme Coin When Elon Musk Tweeted About Social Media Squirrel, Here’s How Much You’d Have Today

Image: Shutterstock

More This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.