PNUT — Peanut the Squirrel

About Peanut the Squirrel

PNUT is a Solana memecoin named after Peanut the Squirrel, an internet-famous pet squirrel whose story went viral in late 2024 following a widely reported incident in New York State. The PNUT token launched within days of the story breaking and reached a substantial market cap extremely quickly, driven by a combination of viral news momentum and inclusion in the broader Solana memecoin rotation. The token's origin is a textbook example of news-driven memecoin launch dynamics: a widely shared real-world event, a rapid token launch, and an immediate wave of retail attention. PNUT has no formal team, no roadmap, and no disclosed treasury, and its value is derived entirely from memecoin market sentiment and from the ongoing cultural resonance of the Peanut story.

Supply, distribution, and tokenomics

PNUT has a fixed maximum supply with no ongoing emissions. Its initial distribution was concentrated among early buyers and participants in the launch. Because the supply is fixed, PNUT's market cap is determined entirely by its price. As with most Solana memecoins, PNUT's float is effectively fully circulating, and large holders exiting positions can produce outsized price movements. PNUT's price is dominated by its association with a specific news story and by the broader Solana memecoin market rather than by any fundamental metric. There is no scheduled unlock, and no supply-reduction mechanism beyond ad hoc burns if the community chooses to pursue them.

Use cases and ecosystem

PNUT is a pure memecoin. It does not have protocol fees, governance rights, or cash flow. Its uses are cultural and speculative: it is held by traders as a bet on the persistence of the Peanut narrative in online culture, used for community participation and tipping, and traded actively on Solana DEXs. PNUT/SOL is a liquid pair on Raydium and Orca, and PNUT is listed on major centralized exchanges. PNUT's price correlates with the broader Solana memecoin market, and it also responds to any subsequent news involving Peanut or the event that launched the token. For most users, PNUT is a way to hold exposure to a specific viral moment in memecoin history.

How to buy PNUT on Solana

To buy PNUT on Solana, connect a Solana wallet to SwapKing, select SOL or USDC as the input token, select PNUT as the output, enter the amount, and click Swap. PNUT/SOL and PNUT/USDC are liquid pairs, so slippage for retail-sized swaps is typically in the 1—2% range. PNUT is also available on major centralized exchanges. The Solana mint address for PNUT is 2qEHjDLDLbuBgRYvsxhc5D6uDWAivNFZGan56P1tpump — always verify this before swapping, because fake PNUT tokens exist on Solana.

Risks and considerations

PNUT is a memecoin with no underlying utility, cash flow, or governance rights. Its price depends entirely on the persistence of a specific news-driven narrative and on broader Solana memecoin market sentiment. News-driven memecoins often decay in value once the original news cycle fades, and PNUT is exposed to that risk. Its supply is concentrated among early holders, which means large-holder exits can produce outsized price moves. SwapKing is non-custodial and does not manage any of these risks.

Where to go next

Swap PNUT on Solana directly on this page. For a deeper look at the PNUT market, review the SOL to PNUT and PNUT to SOL pair pages. For context on how Solana prices and routing are measured, see Methodology. If you are new to Solana, start with How to Swap Tokens on Solana.

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