The cryptocurrency PNUT, known as Peanut the Squirrel, has been gaining significant attention in the market recently.
Peanut the Squirrel (PNUT)
$0.70 +$0.08(+13.20%)Today
In the last 24 hours, the trading volume was approximately $449 million, indicating a 205.40% increase from the previous day, which signals increasing market activity. CoinGecko
Despite this growth, it is important to note that PNUT is currently down about 75.74% from its all-time high of $2.44. Coinbase
A whale recently withdrew 10 million PNUT (equivalent to $6.1 million) from Binance, raising concerns about the market sentiment and price stability of the memecoin. Cryptopolitan
In addition, PNUT is facing legal challenges and a 44.79% drop in the last 30 days. Cryptopolitan
Despite these challenges, PNUT maintains speculative interest, with approximately 80,000 holders, liquidity of $12 million, and listings on exchanges such as Binance and Coinbase. Cryptopolitan
It is crucial that investors interested in PNUT conduct thorough research and consider the associated risks before making any investment decisions.
