PNUT coin has recently seen a dramatic surge in price, capturing the attention of investors and crypto enthusiasts alike. As a newly launched meme token on the Solana blockchain, many are still unfamiliar with how to purchase PNUT or which exchanges support it. This guide provides a comprehensive walkthrough of PNUT’s background, real-time data, supported exchanges, and step-by-step buying instructions — all optimized for clarity, accuracy, and search intent.
What Is PNUT Coin?
PNUT is a meme-based cryptocurrency built on the Solana network, inspired by the viral story of Peanut, a beloved pet squirrel. The token gained sudden prominence following a tragic incident in New York, where Peanut and his companion raccoon Fred were seized and euthanized by the Department of Environmental Conservation (DEC) over rabies concerns. Their owner, Mark Longo, shared the heartbreaking story across social media platforms, sparking widespread outrage.
The emotional response quickly spilled into the crypto world. High-profile figures like Elon Musk amplified the narrative, criticizing the DEC's decision and referencing PNUT in public posts. This surge in visibility triggered a wave of speculative trading, pushing PNUT’s trading volume to over $150 million within hours.
While initially driven by sentiment, PNUT’s rise also intersected with broader cultural and political discourse — including commentary around government overreach and animal rights — making it more than just another meme coin. Despite price volatility after the initial spike, PNUT remains a notable case study in how digital communities can mobilize around real-world events through decentralized finance.
👉 Discover how community-driven tokens like PNUT gain momentum on leading platforms.
Latest PNUT Coin Statistics (2025)
As of early 2025, PNUT continues to hold a strong position among Solana-based meme tokens. Here are the latest verified metrics:
- Market Rank: #46 by market cap
- Popularity Rank: #4 among meme coins
- Current Market Cap: $1,999,417,866
- Circulating Supply: 999,858,912 PNUT
- Max Supply: 999,858,912 PNUT (fully capped)
- Circulation Rate: 100%
- All-Time High (ATH): $2.5000 (reached November 14, 2024)
- All-Time Low (ATL): $0.10000 (set November 11, 2024)
- Initial Launch Date: November 3, 2024
With no further tokens to be minted and full supply already in circulation, PNUT operates under a deflationary-like structure that may appeal to long-term holders.
Where Can You Buy PNUT Coin?
PNUT is listed on several major cryptocurrency exchanges, offering users multiple avenues for secure and efficient trading. Below are the top platforms currently supporting PNUT/USDT trading pairs.
Binance
Binance is one of the world’s largest and most trusted digital asset exchanges by trading volume. It offers a robust security framework, multi-jurisdictional compliance, and an intuitive interface suitable for both beginners and advanced traders. Binance supports spot trading, derivatives, staking, and launchpad projects — making it an ideal choice for accessing new tokens like PNUT.
OKX
OKX (formerly known as OKEx) is a globally recognized exchange founded in 2017. It provides comprehensive services including spot trading, futures, options, DeFi solutions, and wallet integration. Known for its deep liquidity and wide range of tradable assets, OKX is especially popular among traders seeking early access to trending altcoins.
👉 Learn how to trade emerging Solana-based tokens with advanced tools and real-time data.
KuCoin
KuCoin positions itself as "The People's Exchange," serving over 5 million users across 207 countries. It was among the first exchanges to introduce grid trading bots and peer-to-peer lending features. KuCoin offers a full suite of products including spot trading, futures, margin trading, and Pool-X for staking — all accessible with minimal KYC requirements.
MEXC
Founded in 2018 and headquartered in Singapore, MEXC is a centralized exchange known for listing high-potential altcoins early. With more than 1,600 tradable cryptocurrencies, MEXC supports spot, futures, leveraged ETFs, and index ETFs. Its fast execution engine and low fees make it a favorite among active traders looking to capitalize on new launches.
LBank
Established in 2015 and registered in the British Virgin Islands, LBank delivers secure digital asset services to users in over 50 countries. The platform specializes in core offerings such as spot trading, derivatives, automated grid strategies, and DeFi yield farming. Holding合规 licenses in multiple jurisdictions enhances its credibility and operational transparency.
Step-by-Step Guide: How to Buy PNUT on Binance
Follow these clear steps to purchase PNUT coin on Binance — one of the most reliable exchanges listing the token.
- Create an Account
Visit the official Binance website and click “Register” using your email address or mobile number. - Complete Registration
Enter your contact details and proceed to verify your identity via SMS or email. A six-digit code will be sent to your device; enter it within 30 minutes to continue. - Pass Security Verification
Complete the puzzle CAPTCHA by sliding the icon into place. This ensures account protection against bots. - Verify Your Identity (KYC)
Navigate to “Identity Verification” and upload clear photos of your government-issued ID (front and back). Select your country of residence during submission. Approval times vary but typically take less than 24 hours. - Deposit or Buy USDT
Go to “Buy Crypto” > “Easy Buy” > “USDT.” Choose CNY or your local fiat currency and select a trusted merchant to complete the purchase. - Access Spot Trading
Click on “Trade” in the top menu, then select “Spot” to enter the standard trading interface. - Search for PNUT
In the search bar, type “PNUT” and choose the PNUT/USDT trading pair. - Place Your Order
Enter the amount of PNUT you wish to buy under the “Buy” section. Confirm the total cost in USDT and click “Buy PNUT” to execute the trade.
Your purchased PNUT coins will appear instantly in your Binance wallet balance.
Frequently Asked Questions (FAQ)
Q: Is PNUT coin safe to invest in?
A: Like all meme coins, PNUT carries high volatility and speculative risk. While its origin story generated strong community support, always conduct independent research and never invest more than you can afford to lose.
Q: Can I store PNUT in a cold wallet?
A: Yes. Since PNUT is a SPL token on Solana, you can securely store it in compatible wallets such as Phantom, Solflare, or Ledger (via Sollet integration).
Q: Does PNUT have utility beyond speculation?
A: Currently, PNUT functions primarily as a community-driven meme token without intrinsic utility. However, future developments could include NFT collections or charitable initiatives linked to animal welfare causes.
Q: Why did PNUT’s price surge so quickly?
A: The rapid price increase was fueled by viral social media attention — particularly Elon Musk’s endorsement — combined with emotional resonance from Peanut’s story and coordinated community buying.
Q: Are there any transaction fees when buying PNUT?
A: Yes. Exchanges charge small fees per trade (typically 0.1%), plus network fees for withdrawals. Binance often offers fee discounts for users holding BNB.
Q: Will PNUT be listed on more exchanges?
A: Given its current market cap and popularity, additional listings on Tier-1 exchanges are possible in 2025, especially if trading volume remains strong.
Final Thoughts
PNUT coin exemplifies how modern cryptocurrency markets blend emotion, virality, and decentralized finance into powerful investment narratives. While rooted in a tragic real-life event, its transformation into a top-tier meme token highlights the growing influence of online communities in shaping financial trends.
Whether you're drawn to PNUT for its cultural significance or potential upside, understanding where to buy it — and how to do so safely — is essential. By using reputable platforms like Binance or OKX and following proper security practices, you can participate in this unique chapter of crypto history with confidence.