Out of nowhere, it came and is under top 100 coins based on marketcap. I find the situation very funny. With this rate of growth I would not be surprised that in few months, it replaces Bitcoin and becomes number one coin based on market cap.
You surprised me with this question, what Ethereum, SOL, Dogecoin etc could not do, Pnut from nowhere will do it suddenly just because it moved significantly higher? Calm down. This is not the first time we have seen coins/tokens performing significantly. Still, after a while many of them end up cooling down and some will not even attempt a significant movement again even as others will be minimal in their volatility. And if you did not know, Elon Musk has recently spoken in favour of Pnut, so you can't doubt that rise. But the question is, has the Dogecoin he supported and still supporting overtaken Bitcoin yet? This is practical.