Is It Too Late To Buy PNUT? Peanut The Squirrel Price Soars 251% And This Might Be The Next Crypto To Explode

Join
Our


Telegram

channel
to
stay
up
to
date
on
breaking
news
coverage

The
Peanut
The
Squirrel
price
has
soared
251%
in
the
last
24
hours

to
trade
at
$0.3623

as
of
3:15
a.m.
EST
on
a
571%
pump
in
trading
volume
to
$367K.

The
PNUT
token
was
launched
after
Department
of
Environmental
Conservation
officers
in
the
US
raided
Mark
Longo’s
home
to
seize
a
pet
squirrel
named
Peanut.

Peanut
was
already
known
online
via
cute
videos
and
posts
of
the
squirrel. When
it
was
euthanized,
Peanut
went
viral
on
social
media.

The
crypto
community
swiftly
reacted
by
launching
PNUT,
a
meme
coin
dedicated
to
the
late,
beloved
squirrel.

Peanut
The
Squirrel
Price
Explodes

The
Pnut/USD
pair
on
the
1-hour
timeframe
shows
a
notable
price
increase
following
a
period
of
consolidation,
marked
by
low
volatility
around
the
$0.1
level.
This
consolidation
phase,
which
lasted
for
several
days,
indicated
a
balance
between
buying
and
selling
pressure.

On
November
10,
the
price
broke
out
of
this
range,
signaling
a
shift
in
momentum
as
buying
pressure
increased.
Following
this
breakout,
the
price
spiked
dramatically,
reaching
a
peak
of
approximately
$0.45
before
pulling
back
slightly
to
around
$0.3812.
This
sharp
rise
is
typically
a
sign
of
intensified
demand,
possibly
driven
by
external
factors
like
news,
market
sentiment,
or
speculative
interest.

Peanut The Squirrel Price

PNUTUSD
Analysis
Source:
Dextools.io

The
50-period
and
200-period
simple
moving
averages
are
currently
well
above
both
levels.
The
50
SMA
is
around
$0.1195,
and
the
200
SMA
is
around
$0.0955.
Both
serve
as
potential
support
levels
if
the
price
retraces.

Additionally,
the
MACD
indicator
shows
a
bullish
crossover,
with
the
MACD
line
at
0.0317
above
the
signal
line
at
0.0318.
This
gap
between
the
two
lines
highlights
strong
upward
momentum
and
sustained
buying
pressure
for
the
Peanut
The
Squirrel
price
following
the
breakout.

However,
the
RSI,
currently
at
88.06,
indicates
that
Pnut/USD
is
in
overbought
territory.
An
RSI
above
70
often
suggests
that
the
asset
is
overextended,
and
at
88.06,
it
may
be
due
for
a
pullback
or
consolidation.

While
indicators
like
the
MACD
and
moving
averages
support
a
bullish
trend,
the
high
RSI
level
warns
that
a
cooling
off
or
retracement
period
might
be
necessary
before
the
price
can
push
upward.

Flockerz
Presale
Closes
On
$1.5
Million

Next
Crypto
To
Explode?

As
the
Peanut
The
Squirrel
price
continues
its
bullish
momentum,
so
does

Flockerz
(FLOCK)
,
a
vote-to-earn
(V2E)
project
that
has
already
raised
more
than
$1.46
million
in
its
presale.

The
popular
YouTube
channel
99Bitcoins,
with
over
706K
subscribers,
predicts
FLOCK
could
see
100x
growth
following
its
launch.

Flockerz
stands
out
in
the
meme
coin
space
by
enabling
its
community,
“The
Flock,”
to
shape
the
project’s
direction.
Put
simply,
its
token
holders
are
rewarded
with
FLOCK
tokens
every
time
they
vote
on
decisions.

At
the
heart
of
Flockerz
is
FlockTopia,
the
platform
that
ensures
every
token
holder
can
make
their
voice
heard.

In
addition
to
V2E
rewards,
FLOCK
provides
a
huge
1,201%
annual
return
for
staking.

Join
the
presale
by
purchasing
FLOCK
tokens
on
the
official
website
for
$0.005981
each
using
BNB,
ETH,
USDT,
or
a
bank
card.

But
you
must
buy
soon
to
secure
the
best
deal
because
the
price
will
increase
in
less
than
22
hours.


Buy
$FLOCK
tokens
here.

Related
Articles

Most
Searched
Crypto
Launch

Pepe
Unchained

Pepe Unchained

  • Layer
    2
    Meme
    Coin
    Ecosystem
  • Featured
    in
    Cointelegraph
  • SolidProof
    &
    Coinsult
    Audited
  • Staking
    Rewards

    pepeunchained.com
  • $10+
    Million
    Raised
    at
    ICO

    Ends
    Soon

Pepe Unchained

Join
Our


Telegram

channel
to
stay
up
to
date
on
breaking
news
coverage

Comments are closed.