Peanut the Squirrel (PNUT) Research Report

Peanut the Squirrel's Positioning and Significance

Peanut the Squirrel (PNUT) is a community-driven cryptocurrency token built on the Solana blockchain, representing a unique intersection of internet culture and blockchain technology. The project emerged as a tribute to P'Nut, a beloved internet personality whose story captured millions of hearts on social media before his untimely passing.

Beyond its cultural foundation, PNUT serves as a symbol for a broader movement advocating reform against governmental overreach. The token leverages blockchain technology to create a permanent, decentralized record that transcends the limitations of centralized systems.

As of December 18, 2025, PNUT ranks #410 in market capitalization with a total market cap of approximately $71.54 million. The project has attracted 82,696 token holders and is traded across 40 cryptocurrency exchanges, including Gate.com, demonstrating growing adoption within the crypto community.

Origin and Development Timeline

Background and Birth

Peanut the Squirrel emerged during a pivotal moment in internet culture and blockchain adoption. The project was conceived to immortalize P'Nut's legacy on the blockchain, transforming a poignant real-world story into a decentralized digital movement.

The token was launched on the Solana blockchain, choosing a network known for its speed, low transaction costs, and growing developer ecosystem. This technical foundation provided the ideal platform for a community-driven project that prioritizes accessibility and rapid transactions.

Key Milestones

• November 2024: Token launch and initial trading began, establishing the project's presence in the cryptocurrency market.
• November 14, 2024: PNUT reached its all-time high of $2.50119, reflecting significant early community enthusiasm and market demand.
• December 18, 2025: Current trading price stands at $0.07154, with the token maintaining substantial community engagement across its social channels and trading platforms.

Throughout its lifecycle, PNUT has maintained active community support and has been listed on Gate.com and numerous other exchanges, enabling global accessibility for traders and supporters of the movement.

How Peanut the Squirrel Works?

Decentralized Network

PNUT operates on the Solana blockchain, a distributed network of computers (nodes) operating worldwide without central authority. This decentralized architecture means no single bank, government, or institution controls the token or its transactions.

Network participants work together to validate all transactions, ensuring the system remains transparent, censorship-resistant, and robust against attacks. This structure empowers users with greater autonomy over their assets while strengthening the network's resilience.

Blockchain Foundation

PNUT's blockchain operates as a public, immutable digital ledger that records every transaction involving the token. Transactions are grouped into blocks and cryptographically linked together, creating an unbreakable chain of records.

The Solana blockchain's architecture provides:

• High throughput: Processing thousands of transactions per second
• Low latency: Near-instantaneous transaction confirmation
• Cost efficiency: Minimal transaction fees, making PNUT accessible to all users

Anyone can inspect these transaction records transparently, eliminating the need for intermediaries and establishing trust through cryptographic verification rather than institutional authority.

Proof of Stake Consensus

The Solana network, on which PNUT operates, employs a Proof of Stake (PoS) consensus mechanism to validate transactions and maintain network security. Validators participate in the network by staking their cryptocurrency, incentivizing honest behavior.

These validators:

• Verify transaction authenticity and prevent double-spending
• Secure the network against fraudulent activities
• Receive rewards in SOL for their participation

This consensus mechanism is significantly more energy-efficient than Proof of Work systems, aligning with growing environmental consciousness in the cryptocurrency community.

Secure Transactions

PNUT transactions are protected through public-key cryptography:

• Private Key: A secret credential that signs transactions and proves ownership of tokens
• Public Key: A publicly shareable identifier (similar to an account number) that allows others to verify transaction authenticity

This cryptographic framework ensures:

• Only the rightful owner can authorize token transfers
• Transactions remain tamper-proof once recorded on the blockchain
• Transactions maintain pseudonymity, as they are associated with wallet addresses rather than personal identity information

Market Performance and Current Status

Price Metrics

Current Price: $0.07154 (as of December 18, 2025)

Market Capitalization

Token Supply

The high circulation ratio indicates that nearly the entire token supply is already in circulation, leaving minimal room for dilution from future releases.

Community and Network

• Token Holders: 82,696 active holders
• Exchange Listings: Available on 40 exchanges including Gate.com
• Blockchain Network: Solana

Trading and Accessibility

Where to Trade

PNUT is available for trading on Gate.com and 39 other cryptocurrency exchanges worldwide. Gate.com offers multiple trading pairs and liquidity options for users seeking to buy or sell PNUT tokens.

Smart Contract Information

Token Contract Address: 2qEHjDLDLbuBgRYvsxhc5D6uDWAivNFZGan56P1tpump Blockchain: Solana (SOL) Block Explorer: Accessible via Solana network explorers

Community and Official Channels

Official Resources

• Website: https://www.pnutsol.com/
• Twitter/X: https://x.com/pnutsolana
• Block Explorer: https://explorer.solana.com/account/2qEHjDLDLbuBgRYvsxhc5D6uDWAivNFZGan56P1tpump

Summary

Peanut the Squirrel (PNUT) represents a unique convergence of internet culture, blockchain technology, and social activism. Built on the energy-efficient Solana network, the token serves as a decentralized memorial to P'Nut while advocating for governmental reform and individual sovereignty.

With a market cap of $71.54 million and a globally distributed community of over 82,000 holders, PNUT demonstrates the power of blockchain technology to immortalize stories and movements beyond the reach of centralized control.

The project's accessibility through multiple exchanges, including Gate.com, combined with Solana's fast and low-cost transactions, makes PNUT an inclusive platform for global participation in both the tribute and the movement it represents.

Peanut the Squirrel (PNUT) Market Performance Report

Market Overview

Peanut the Squirrel, known as P'Nut, is a blockchain-based token launched on the Solana network. The project commemorates P'Nut, a squirrel that captured millions of hearts on social media before being wrongfully seized and euthanized. Now immortalized on the blockchain, PNUT spearheads a movement demanding reform against governmental overreach.

Market Performance

Circulation Overview

As of December 18, 2025, PNUT has a circulating supply of 999,851,170.072119 tokens, with a total supply of 1,000,000,000 tokens. The circulating supply represents 99.9851% of the total supply, indicating that nearly all tokens are already in circulation. With a fixed supply model, there is no inflation mechanism, meaning no new tokens will be created beyond the maximum cap.

Price Volatility

PNUT reached its all-time high of $2.50119 on November 14, 2024, driven by strong market sentiment and community momentum following the project's launch and initial adoption surge.

The token's lowest price was recorded at $0.048 on November 5, 2024, just days after launch, reflecting typical early-stage volatility.

As of December 18, 2025, PNUT is trading at $0.07154, representing a significant decline from its peak. Over the past 24 hours, the token has declined by -5.94%, trading between $0.07077 (24-hour low) and $0.07929 (24-hour high).

Price Performance Across Timeframes:

View current PNUT market price

Market Capitalization and Volume

• Market Cap: $71,529,352.71
• Fully Diluted Valuation (FDV): $71,540,000.00
• 24-Hour Trading Volume: $824,891.27
• Market Dominance: 0.0023%
• Market Cap to FDV Ratio: 99.99%

The token's market capitalization currently ranks #410 across all cryptocurrencies. The 24-hour trading volume indicates moderate liquidity with approximately $824,891 in daily transactions.

On-Chain Metrics

• Total Holders: 82,696 addresses
• Network: Solana (SOL)
• Exchange Listings: Available on 40+ exchanges, including Gate.com
• Contract Address: 2qEHjDLDLbuBgRYvsxhc5D6uDWAivNFZGan56P1tpump (Solana)

Community and Resources

• Official Website: https://www.pnutsol.com/
• Twitter/X: https://x.com/pnutsolana
• Blockchain Explorer: https://explorer.solana.com/account/2qEHjDLDLbuBgRYvsxhc5D6uDWAivNFZGan56P1tpump

Key Takeaways

PNUT's dramatic price decline from its $2.50 peak to current levels reflects the typical trajectory of meme tokens and socially-driven cryptocurrencies, which often experience extreme volatility. While the project maintains a significant community with over 82,000 token holders, the substantial losses over longer timeframes suggest investors should approach PNUT with caution and conduct thorough due diligence before participation.

Peanut the Squirrel (PNUT) Research Report

Project Overview

Peanut the Squirrel, commonly known as P'Nut, is a cryptocurrency token that immortalizes a beloved social media squirrel on the blockchain. The token launched in response to the controversial euthanization of the original P'Nut, transforming a real-world tragedy into a digital movement advocating for governmental reform and overreach prevention.

Key Metrics (as of December 18, 2025)

Price Performance Analysis

Recent Price Trends

PNUT has experienced significant volatility since its launch:

The token reached its peak of $2.50119 shortly after launch in November 2024 but has since declined substantially. The current price of $0.07154 represents a significant correction from its all-time high, though it remains above the all-time low of $0.048.

Blockchain Infrastructure

Network: Solana (SOL)

PNUT operates on the Solana blockchain, leveraging its high-speed and low-cost transaction infrastructure. This choice aligns with the token's community-driven nature and accessibility.

Smart Contract Address (Solana): 2qEHjDLDLbuBgRYvsxhc5D6uDWAivNFZGan56P1tpump

Access the contract details on Solana Explorer.

Community and Social Media Presence

Official Channels

• Official Website: https://www.pnutsol.com/
• X (Twitter): @pnutsolana

Community Engagement

PNUT has cultivated a passionate community centered around the symbolic meaning of P'Nut's story. The token represents more than a cryptocurrency—it embodies a movement against governmental overreach and a tribute to digital activism.

The community spans across 82,696 active token holders, with engagement concentrated on X platform discussions regarding the token's symbolism, price movements, and its role as a protest against administrative actions perceived as unjust.

Token Economics

Supply Distribution

• Total Supply: 1,000,000,000 PNUT
• Circulating Supply: 999,851,170 PNUT (99.9851% of total)
• Circulating Ratio: 99.9851%

The nearly complete circulation of tokens indicates minimal inflation pressure, with the token mechanics designed for broad accessibility rather than long-term scarcity appreciation.

Market Position

With a market dominance of 0.0023%, PNUT occupies a niche position within the broader cryptocurrency ecosystem. The market cap-to-FDV ratio of 99.99% suggests minimal locked or vested tokens, reflecting the project's emphasis on community distribution.

How to Purchase PNUT

Trading Platforms

PNUT is available on 40 different cryptocurrency exchanges, including Gate.com, where you can trade the token against major cryptocurrency pairs.

Steps to Purchase on Gate.com:

1. Create an Account: Register on Gate.com and complete identity verification (KYC).
2. Deposit Funds: Transfer SOL or stablecoin (USDC, USDT) to your Gate.com wallet.
3. Navigate to Trading: Search for "PNUT" in the spot trading section.
4. Place an Order: Execute a market or limit order based on your preferred entry price.
5. Secure Your Tokens: Transfer purchased PNUT to a secure wallet for long-term holding.

Storage Recommendations

For secure storage, users should consider:

• Hardware Wallets: Devices providing maximum security for long-term holdings
• Non-Custodial Wallets: Software wallets that grant users full control of private keys
• Exchange Storage: Convenient for active trading but carries custodial risks

Risk Assessment

Price Volatility

PNUT demonstrates extreme price volatility characteristic of meme coins and community-driven tokens. The 93.39% annual decline from its launch peak reflects the challenges faced by sentiment-driven assets in maintaining momentum post-launch.

Market Risks

• Speculative Nature: The token's value is primarily driven by community sentiment and narrative rather than fundamental utility.
• Liquidity Considerations: While trading across 40 exchanges, individual exchange liquidity may vary, affecting execution slippage on large orders.
• Regulatory Uncertainty: As a community-driven token with political messaging, PNUT may face scrutiny from regulatory bodies in various jurisdictions.

Technical Considerations

• Smart Contract Audits: Verify whether the contract has undergone third-party security audits.
• Solana Network Dependency: The token's performance is tied to Solana network stability and congestion levels.

Investment Considerations

Potential Appeal

• Cultural Significance: PNUT serves as a digital memorial and activism symbol, resonating with communities concerned about governmental overreach.
• Community-Driven: Strong narrative and emotional connection among holders.
• Accessibility: Trading across numerous exchanges and built on efficient Solana network.

Caution Points

• Price Decline: The 93% annual price decline indicates difficulty in sustaining value post-launch hype.
• Limited Utility: The token currently functions primarily as a speculative asset rather than offering intrinsic utility.
• Meme Coin Dynamics: Success largely dependent on maintaining community momentum and sentiment.

Additional Information Sources

• Official Website: Visit https://www.pnutsol.com/ for project details and community information.
• X Platform: Follow @pnutsolana for official updates and community engagement.
• Blockchain Explorer: Access Solana Explorer for on-chain transaction data and contract details.

Conclusion

Peanut the Squirrel (PNUT) represents a unique intersection of cryptocurrency, digital activism, and community-driven finance. Launched in response to a real-world tragedy, the token has cultivated a passionate user base of over 82,000 holders spread across 40 trading platforms.

While PNUT's narrative appeal and community engagement are notable, potential investors should approach with caution given the token's significant price volatility and primarily speculative nature. The 93% annual decline from its all-time high underscores the challenges faced by sentiment-driven tokens in maintaining sustainable value.

For those interested in participating, Gate.com provides a regulated trading platform for purchasing and trading PNUT. However, thorough research and risk assessment are essential before committing capital to this highly volatile asset.

Whether viewed as a memorial to digital activism or a speculative opportunity, PNUT exemplifies the evolving relationship between cryptocurrency communities, social movements, and blockchain technology.

FAQ

Is Pnut a meme coin?

Yes, Pnut is a meme coin launched on Solana blockchain in November 2024. It features a playful squirrel theme and is designed primarily for entertainment within the crypto community.

What is PNUT used for?

PNUT is a memecoin token designed to raise awareness and fund animal welfare initiatives. It engages supporters in promoting animal protection causes while facilitating community participation and donations toward animal welfare programs.

Why did they euthanize Pnut?

P'Nut the squirrel was euthanized due to a mandatory forensic-dissection policy implemented by NY officials. The policy was deemed unnecessary and controversial by many who believed it was harmful and unjustified.

Is pnut coin a good investment?

PNUT coin offers zero transaction taxes and no hidden fees, making it investor-friendly. With growing community support and unique utility, it presents promising opportunities for those seeking emerging crypto assets with potential upside.