Peanut The Squirrel Price Prediction: PNUT Pumps 4% After Kraken Listing News As Crypto All-Stars ICO Soars Toward $6 Million

The
Peanut
The
Squirrel
price
pumped
11%
in
the
last
24
hours
to
trade
at

$1.29
as
of
5.35
a.m.
EST
on
trading
volume
that
surged
50%
to
$1.63
billion.

Peanut
The
Squirrel
emerged
as
one
of
the
top
performers
in
November,
skyrocketing
from
$0.05217
on
November
4
to
an
ATH
at
$2.47
only
10
days
later,
on
November
14.
The
token
then
saw
a
strong
correction,
but
it
started
a
new
wave
of
recovery
which
allowed
it
to
surge
in
the
last
24
hours.

The
price
increase
came
after
news
of
the
upcoming
listing
on
the
Kraken
crypto
exchange
emerged.
Kraken
added
the
token,
among
several
others,
on
its

listing
page,
causing
the
PNUT
community
to
double
down
on
the
popular
new
meme
coin.

Furthermore,
crypto
users
on
X
speculated
that
this
might
not
be
the
end
of
major
news
for
PNUT.
The
token
was
already
listed
on
Binance
and
paired
against
BTC,
being
only
the
second
meme
coin
ever
to
get
this
listing,
after
Dogecoin
became
the
first.
This
will
make
it
easier
for
whales
to
buy
it,
according
to
speculators.

The
news
of
the
upcoming
listing
on
Kraken
came
next,
which
might
mean
that
Coinbase
could
be
the
next
to
add
the
popular
token.
The
exchange
has
doubled
down
on
listing
hit
cryptos
ever
since
Trump’s
re-election,
suggesting
that
the
exchange
is
optimistic
about
the
future
of
cryptos
in
the
US.

Peanut
The
Squirrel
Price
Prediction

Peanut
The
Squirrel’s
price
has
seen
a
major
surge
in
the
last
24
hours,
with
its
Bollinger
bands
seeing
a
massive
widening
as
the
price
pushed
the
upper
band,
only
to
suddenly
separate
from
it
some
six
hours
ago.

This
was
around
the
time
when
PNUT
reached
$1.40,
and
then
its
price
corrected
toward
$1.30.
The
price
dropped
to
the
middle
point
between
the
two
bands,
but
in
the
last
two
hours
or
so,
it
continued
its
descent
to
the
lower
band.

The
bands
themselves
have
narrowed
significantly
in
the
last
hour
or
so,
suggesting
strongly
that
the
correction
is
taking
place.

The
project’s
Relative
Strength
Index
(RSI)
metric
is
showing
a
more
straightforward
version
of
events
—
the
buying
pressure
pushed
the
RSI
value
up
into
the
overbought
zone,
to
the
value
of
82.45.
Then,
traders
started
taking
profit,
and
the
RSI
spiraled
down
to
the
neutral
zone
at
50.

This
is
where
it
finds
itself
right
now,
at
the
time
of
writing.
Given
the
fact
that
the
price
has
dropped
to
the
support
at
$1.30,
and
the
RSI
is
in
the
neutral
zone,
it
is
unclear
what
will
happen
next.
If
the
support
ends
up
being
strong
enough,
traders
might
decide
to
move
in
and
buy
the
dip
right
now,
not
waiting
for
the
RSI
to
keep
heading
down
to
the
oversold
area.

Alternatively,
if
the
selling
pressure
breaks
the
support,
the
RSI
will
likely
continue
spiraling
down.
However,
given
that
Bitcoin
is
currently
trading
in
the
green
and
working
towards
hitting
$100k,
it
is
likely
that
the
bulls
will
return
before
the
support
breaks,
and
that
PNUT
could
see
the
start
of
a
recovery
in
the
hours
to
come.

Promising
Alternative
To
Peanut
The
Squirrel

Many
investors
are
also
doubling
down
on
another
meme
coin
in
presale
that’s
called

Crypto
All-Stars
(STARS).

STARS
is
one
of
the
hit
ICOs
that
emerged
in
the
second
half
of
this
year.
The
project
immediately
captivated
the
attention
of
crypto
communities
thanks
to
its
unique
new
staking
platform
known
as
MemeVault.
In
its
essence,
this
is
a
new
staking
smart
contract
that
is
the
first
contract
to
allow
users
to
stake
multiple
meme
coins
in
one
place.

All
other
smart
contracts
for
staking
only
support
a
single
cryptocurrency
–
the
native
coin
or
token
of
the
project
that
created
the
contract.

MemeVault,
on
the
other
hand,
intends
to
add
support
for
as
many
meme
coin
as
possible.
Right
now,
it
supports
Dogecoin,
Pepe,
Floki,
Shiba
Inu,
Coq
Inu,
Brett,
Turbo,
Milady,
Toshi,
Mog
Coin,
and
Bonk.

However,
this
is
only
the
beginning,
and
more
coins
and
tokens
will
be
added
later
on,
after
the
project
concludes
its
ICO.
This
gives
it
a
permanent
use
case,
as
it
will
position
STARS
as
the
center
of
meme
coin
staking,
making
the
process
much
simpler
and
more
accessible.

Now,
those
with
large
meme
coin
portfolios
can
stake
all
of
their
meme
coins
in
one
place.

That
is
also
what
a
popular
crypto
YouTuber,
ClayBro,
who
has
over
132k
subscribers,
said
when
he
recommended
taking
full
advantage
of
the
meme
coin
super
cycle
with
Crypto
All-Stars.

Holders
can
also
stake
STARS
itself
for
a
huge
336%
annual
return.

So
far,
the
project’s
ICO
raised
over
$5.8
million,
and
its
presale
is
set
to
end
in
25
days.

STARS
currently
still
sells
for
$0.0016125
and
it
can
be
bought
on
the

STARS
website
here.

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