In fact, $PNUT (Peanut) has likely trapped quite a few people, but strangely, almost no one is talking about it. To state my position, I still have my holdings and am stuck.

Objectively speaking, there is a possibility that it could rise again, but if you expect it to rely on the initial narrative hype to do so, that is basically impossible. It now feels more like an emotional market; whenever the main force pushes, that’s when it will have a chance.

It is more appropriate to compare it with $PEPE . I remember when Pepe came out alongside $FLOKI (Old Horse's Puppy), I participated on-chain, so I have quite a deep impression.

In terms of weekly patterns, PNUT and PEPE are somewhat similar; both show a trend of absorbing funds, but this logic cannot be simply applied.

There are also two other points: popularity and chips. PNUT's popularity is actually comparable to that of PEPE back then. Memes have a characteristic—once they rise a little, everyone rushes to sell, and a stampede can happen at any time. However, popularity is like infrastructure; when there’s talk of a surge, others are eager to participate, but when a garbage meme is said to have surged, the first thought for everyone is to get rid of it. This is the charm of popularity!

So, I think PNUT may not be able to take off like PEPE did with a 30x increase, but if there is indeed a main force pushing, it is not impossible for the price to rise above 1U. The key is still whether the chips can be concentrated.

To summarize: PNUT can be kept as a lottery ticket, but if you really want to build it up vigorously? I do not recommend it.