1. Current price and performance $PNUT
- Current price: $0.413 (up 22% in the last 24 hours).
- Daily range: $0.3305 - $0.4688.
- 7-day performance: Up by 41.8%.
- All-time high: $2.477 (down 98.6% from that currently).
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2. Technical indicators
- General trend: Neutral with a slight bias towards buying.
- Moving averages: Strong buy signals (11 indicators out of 14).
- Volatility indicators:
- RSI (14): 69.97 (indicating potential overbought conditions).
- MACD: Buy signal.
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3. Fundamental data
- Market capitalization: $411.52 million.
- Circulating supply: 999.85 million PNUT out of 1 billion (maximum).
- Liquidity: Part of the supply has been burned to ensure stability.
- Network: Operates on Solana (fast transactions with no fees).
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4. Future forecasts
- 2025: Forecasts between $0.2227 - $0.6147 (average $0.4125).
- 2030: Could reach $0.6884 (+67% from the current price).
- 2050: Expected growth of 238.64% to reach a price of $1.4049.
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5. Influencing factors
- Community support: The currency is linked to animal welfare issues (such as the 'P’Nuts Freedom Farm' sanctuary).
- High volatility: May experience rapid movements due to its nature as a 'meme coin'.
- Dependence on Solana: Any fluctuations in the Solana network may affect PNUT.
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6. Risks
- Market fluctuations: The currency has decreased by 98.6% from its highest price.
- Dependence on speculation: Does not have strong fundamentals like some major currencies.
- Risk warnings: It is advisable not to invest except with capital that can be lost.
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Summary
PNUT is a community-oriented currency with volatile technical performance, with technical signals indicating short-term buying opportunities but involving high risks. Its future forecasts are varied and require close monitoring of market trends and investor sentiment.
