#PNUTUSDT Nut Rodent (PNUT) is a meme coin based on Solana that has experienced significant volatility since its launch in November 2024.

Recent events:

Sharp rise and fall: PNUT quickly surged, reaching an all-time high of $2.44 shortly after its launch, thanks to listings on exchanges and discussions on social media. However, it has since declined, currently trading at around $0.31, reflecting a significant drop from its peak.

Exchange listings: The early momentum of the coin was bolstered by listings on major exchanges such as Binance and Coinbase. These listings contributed to its initial growth, but were followed by a price correction.

Market sentiment: The broader meme coin market has cooled, impacting PNUT's performance. Analysts predict possible further declines, with some forecasting a drop to around $0.36.