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PNUT Memecoin Drops 10% Following Peanut’s Owner Legal Warning To Binance

2025-07-03 22:52:11

Description

Crypto exchange Binance was hit with a cease and desist letter by Mark Longo, owner of the internet sensation Peanut the Squirrel, for alleged copyright infringement. PNUT, the popular memecoin inspired by the squirrel, saw a nearly 10% decrease following the news. Related Reading: Solana (SOL) Faces Headwinds: Can Bulls Revive Momentum? Internet Squirrel Becomes Memecoin Sensation On Sunday, Mark Longo, owner of Peanut the Squirrel, announced that his legal team had initiated legal action again...

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$DOGE
$0.16459
--5.69%
$SOL
$148.90
--3.64%