Nov 4, 2024
Nov 4, 2024
Trader spent $17 on PNUT memecoin, gaining 12,000x returns just days later.
The trader sold 2.23M PNUT for 1162 SOL, now worth nearly $196,000.
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Another trader sold early, missing a potential gain of over $1.85M.
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PNUT price surged but dropped 35% within 24 hours as hype cooled off.
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Rise was fueled by outrage over Peanut the squirrel, gaining attention from Elon Musk.
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