Solana
Meme Coin PNUT Enters
Top Cryptos
List After 150%
Rally
Peanut the Squirrel (PNUT), a new meme coin on the Solana blockchain, has
experienced an astonishing 2,000% increase in price within a week.
Since its recent launch, PNUT has quickly gained traction, marking it as one
of the top-performing tokens this week. As PNUT continues its remarkable
rally, it has now reached another milestone in market value.
PNUT Is No Longer Worth Peanuts
The demand for PNUT is clearly reflected in its trading volume, which has
surged by 690% within 36 hours. Initially, PNUT s trading volume stood
at $291 million but skyrocketed to $2.3 billion, highlighting the rising
interest in this meme coin. The surge in trading volume suggests a growing
appetite among investors, especially considering PNUT’s recent launch.
Despite being new, PNUT is already demonstrating strong market sentiment. The
rapid increase in trading volume highlights investors’ interest, possibly
driven by the allure of high returns and the token’s recent popularity. This
momentum is crucial for PNUT, as sustained demand could further fuel its price
action in the near term.
Sponsored
Sponsored
PNUT Trading Volume. Source: Santiment
PNUT’s recent rally has propelled it into the ranks of the top 100 crypto
assets by market cap. With its market cap surpassing $1 billion, PNUT has
already outpaced established tokens like Algorand (ALGO), Raydium ( RAY ), and
Bitcoin SV (BSV). The token’s listing on Binance• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Binance has further fueled its
growth, making it accessible to a broader audience and enhancing its market
momentum.
The meme coin’s quick rise in market value speaks volumes about its impact. As
it climbs the ranks among established cryptocurrencies• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта, PNUT’s growth
highlights the influence of market trends and listings on its performance.
This high market cap and prominent listing reinforce its momentum and validate
investor interest. PNUT Enters The Top 100 List. Source: CoinGecko
PNUT Price Prediction: Fueling The Rally
PNUT’s price soared by 154% on Wednesday, adding to the week’s gains and
bringing its trading price to $1.15. This rise is a key part of the ongoing
rally that has pushed the token’s gains to nearly 2,000%, showing no signs of
slowing.
With the current meme coin market booming, PNUT could capitalize on this
momentum, potentially reaching $2.00 if investor interest holds steady. This
target remains attainable if market demand continues to support the coin’s
upward trajectory. PNUT Price Analysis. Source: TradingView
However, if investors decide to book profits, PNUT’s price could face a
pullback. Profit-taking could erase some of the recent gains, reflecting the
volatility often seen with new meme coins.
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