Some fans asked how pnut is doing. This coin has plummeted since its launch, and now the price has dropped to around 0.17u. Although the price is at a low level on the daily chart, the upward momentum is still very weak. It is recommended to look for some strong coins instead of this weak one, as it is very difficult to bounce back.

One should consider how many trapped positions are above this price? How much capital is needed to pull it back? It would be better to invest that capital in a new project rather than trying to recover this one. Therefore, once this coin falls to the bottom, the probability of it bouncing back is very low. In a good market situation, it might be okay to take a short-term profit.