Memecoins cashing on the popularity of pet squirrel and social media star ‘Peanut’ have become the new money-minting opportunities for cryptocurrency degens. What happened: A token named PEANUT on the popular decentralized exchange (DEX) Uniswap (CRYPTO: UNI) jumped over 58% in the last 24 hours, with its market capitalization now around $2.2 million, as per CoinMarketCap. A coin with a similar name was launched on Solana (CRYPTO: SOL)-based DEX Raydium, which was up a whopping 336% in the last 24 hours, though having a far lower market capitalization of $33,790. It is worth noting that the li…
