1. What is pnut?

Introduction to PNUT Cryptocurrency

PNUT (Peanut the Squirrel) is a cryptocurrency based on the Solana blockchain and falls under the category of MEME coins. It gained attention due to a squirrel named Peanut and quickly spread across social media and the cryptocurrency community.

Main Features:

1. MEME Coin Culture: PNUT is part of the MEME coin culture, which spreads through social media and online communities, often expressed in humorous and satirical ways.
2. Based on Solana: PNUT is issued on the Solana blockchain, meaning it leverages Solana’s advantages of fast transactions and low fees.
3. Quick Issuance and Trading: The issuers of PNUT created a new wallet in a short time, extracted SOL from Coinbase to issue PNUT, and quickly sold all the PNUT, earning approximately $73,000 in profit.

Summary: PNUT is a MEME coin based on Solana, spreading through social media and online communities, characterised by quick issuance and trading.

2. Who founded pnut?

According to the information provided, the deployer of Pnut (the founder) created a new wallet, withdrew 2 SOL from Coinbase to issue Pnut, and then quickly sold all of its Pnut. Additionally, two other wallets associated with it have also sold all of their Pnut, with a total profit of around $73,000. However, specific personal information or team name has not been mentioned in these sources.

3. Which venture capitals invested in pnut?

Based on the information provided, the deployer of Pnut made approximately $73,000 in profit from issuing this token. However, details about which venture capitals invested in the cryptocurrency Pnut have not been mentioned in the provided search results. Pnut appears to be a Meme coin that once had a market cap exceeding $100 million, but the investor information behind it has not been disclosed.

4. How does pnut work?

The operation of the PNUT cryptocurrency mainly involves the following aspects:

1. Issuance and Trading:

2. PNUT is a token released based on the TRC20 protocol of TRON.

3. Users can purchase PNUT through exchanges like MEXC, with support for payments via Visa and Mastercard.

4. PNUT can be swapped and engaged in liquidity mining on decentralised exchanges like JustSwap.

5. Liquidity Mining:

6. PNUT participates in liquidity mining in Nutbox, where users can add liquidity for the PNUT-TRX trading pair through JustSwap’s liquidity pool, thus earning related liquidity certificates.

7. Security:

8. The trading and liquidity mining of PNUT are based on smart contracts, making them relatively secure.

9. Background and Profit:

10. The deployer of PNUT earned approximately $73,000 in profit by issuing this token.

Overall, the operation of PNUT cryptocurrency relies primarily on the support of the TRC20 protocol of TRON and decentralised exchanges, obtaining value through liquidity mining and trading.