Is the $PNUT Altcoin About To Become Another Investor Windfall?

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A crypto token based on a squirrel named Peanut ($PNUT) is seeing astonishing growth, potentially making this coin a windfall that investors can get excited about.

Launched on the Solana blockchain, Peanut is based on a rescued, injured squirrel. Her story turned into an animal rights case, but then she was halted due to public health concernsit became a hot topic just before the elections, with Donald Trump and Elon Musk wading into the conversation.

One tweet from Musk was enough to send $PNUT soaring in price

The natural progression into a meme coin was made, and after Musk promoted it online, the coin’s market cap skyrocketed from $3 million to an eye-watering $140 million in just 24 hours.

Since mid-November, its price has risen continuously, but its value has fallen 9.7% to $1.11 in recent days. However, from what we see, this appears to be an industry-wide downturn, and not one specific to $PNUT.

PNUT price chart

Although the future still looks promising, investing in crypto offers no guarantees. Especially a meme coin that seems to owe its dizzying growth to a topic that quickly became politicized.

If investing in a squirrel meme coin isn’t your thing, or you just missed out on the 50x $PNUT, then we have two other potentially profitable and bullish meme coins worth investigating.

Here are the new coins with 55x potential that we have our eyes on 👇

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Wall Street Pepe

Wall Street Pepe ($WEPE) aims to capitalize on the hugely popular Pepe the Frog meme coin, and so far it seems to be working.

Having raised over $2.5 million in pre-sales in just one week, Claybro, a popular crypto influencer, also makes some bold price predictions that 2025 will be the year early investors (those who get in now in 2024) may see their profits increase by up to 500%.

So if you’re looking for a coin to invest in, Wall Street Pepe has a very bullish outlook that bodes well for potentially big returns on your money. At just $0.000205 per $WEPE right now, now would be the time to buy.

Crypto All Stars

Crypto All-Stars ($STARS) is yet another meme coin that financial market experts predict will rise in price at the end of this year and throughout 2025.

With over $2 million in pre-sales and a current price of $0.0034067, $STARS is another meme coin expected to be somewhere around a 500% jump for investors. However, it is clear that this is a prediction and not a guarantee.

Invest – but do your due diligence first

Despite all the positive news you read about $PNUT, $STARS and $WEPE, we must strongly emphasize the importance of doing your own independent research. We do not provide financial advice or guarantees.

So before you commit your money, read through each of these three new altcoins and draw your own conclusions.

Credit : www.newsbtc.com