The post Donald Trump Memecoin Holdings Skyrocket with PNUT’s 320% Surge appeared first on Coinpedia Fintech News
After Trump’s big win in the 2024 U.S. election, Trump-themed meme coins have exploded in value. Leading the pack, Peanut the Squirrel (PNUT) has soared an incredible 320% in just 24 hours. This surge was fueled not only by election excitement but also by PNUT’s new listings on major exchanges like Binance and Crypto.com.
PNUT Listings On Exchange Soar Price By 320% in a Day
The recent listings of PNUT on major exchanges like Binance and Crypto.com have given the token a significant boost. Following these announcements, PNUT’s price rose sharply, with Binance’s listing alone driving the token’s value up by 320%
Peanut the Squirrel (PNUT) is seeing an incredible price surge, now reaching $0.5157 with a 320% increase in just one day and a huge 1300% rise over the past week. This spike raised its market value from $95 million to $517 million, making it the 215th largest cryptocurrency.
PNUT Seeing Political Backing
Additionally, Trump received a donation of 1.7% of the PNUT supply, and soon after Binance’s listing news, the token’s price surged by 300%.
Adding to the excitement, Elon Musk voiced his support for PNUT during a Joe Rogan’s podcast. His endorsement, along with the recent buzz from the U.S. election, has helped push PNUT to even higher levels.
Trump Other Crypto Holding
Aside from PNUT, Trump’s crypto holdings have grown to include other major tokens according to Arkham Intelligence. His wallet holds 495.535 Ethereum (ETH) worth about $1.65 million and 478.7111 Wrapped Ethereum (wETH), valued at around $1.59 million. Trump also owns around 579.29K MAGA tokens, worth $1.04 million, and 137K of the stablecoin USDC, valued at approximately $137K.
One of his latest additions is TROG, a frog-themed meme coin inspired by Trump’s public persona, where he holds around 210.345 billion tokens worth roughly $994.93K.