Coinbase’s recent announcement of Apple Pay integration for crypto purchases might have revealed more than intended. A seemingly innocuous tutorial video showcases the Peanut the Squirrel (PNUT) meme coin, sparking speculation about a potential future listing on the popular exchange.
The video, currently unlisted on Coinbase’s official YouTube channel, features an iPhone interface demonstrating Apple Pay for crypto purchases. However, eagle-eyed viewers noticed a curious detail: PNUT, currently unavailable on Coinbase, appears as the number one trending token on the app’s simulated interface. To add fuel to the fire, the final clip reveals a glowing green PNUT price chart, seemingly suggesting an upward trend.
This subtle easter egg hasn’t gone unnoticed by traders. Social media is abuzz with chatter, with users interpreting this as a hint of a forthcoming PNUT listing on Coinbase. Comments on the announcement range from enthusiastic calls for a listing (“List coinbase soon. Pnut 30B$ 50B$”) to excitement about potential price increases (“Big win for $pnut but don’t sleeep”).
So $PNUT has been featured on Coinbase’s new Apple Pay tutorial 🐿️https://t.co/FdjX0XwycHhttps://t.co/OknZlCtSo3 pic.twitter.com/u8hOydo5ZQ
— MoneyLord (@moneyl0rd) December 3, 2024
PNUT on the Rise: Buoyed by the Coinbase speculation, PNUT has seen significant growth in recent times. According to crypto.news, the token has surged nearly 12% in the past 24 hours, with a staggering 981.41% increase in the past month. As of today, PNUT boasts a market cap of $1.2 billion.
A Sibling on the Sidelines: The video also featured another meme coin, First Convicted Raccoon (FRED), named after Fred, a raccoon who shared Peanut’s tragic fate. This subtle inclusion has led some traders to speculate about a potential FRED listing alongside PNUT.
The Tragic Backstory: Launched in November, both PNUT and FRED are Solana-based meme coins that pay homage to a beloved online animal duo. Peanut, a squirrel, and Fred, a raccoon, gained internet fame through an Instagram account run by Mark Longo. Sadly, their story took a dark turn when they were confiscated by New York authorities from Longo’s home, citing anonymous complaints. The incident sparked public outrage, particularly among animal rights activists and even celebrities like Elon Musk, who decried the seizure as an example of government overreach. The subsequent euthanasia of Peanut and Fred further fueled the flames of public anger.
Immortalized in Crypto: The crypto community responded by creating these meme coins, immortalizing the two internet icons. Whether Coinbase intends to list PNUT or both PNUT and FRED remains to be seen. However, the easter egg in the tutorial video has certainly piqued the interest of the crypto world, and it will be interesting to see how this story unfolds in the coming days.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
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