Analysts have projected that PNUT could experience further price increases in the coming months. One crypto analyst suggested that PNUT may see a 463% surge, potentially reaching a price of $5, given the current momentum and increased visibility on major exchanges like Coinbase and Binance.

Additionally, open interest in PNUT futures has risen by 40.48%, reaching $328.05 million. This increase in open interest reflects growing speculation and trader confidence in the token’s potential for further growth#PNUTRush