Meme is purely driven by fomo emotions. The popularity keeps soaring and liquidity keeps coming in. Although there are many wild dealers in the middle, the main force is still built up by retail investors!
The 161-fold increase of pnut in 7 days is obviously the result of dealer manipulation, not a normal market phenomenon
The first wave of pnut's increase was on November 11, and the market value increased from 39,947,617 to 386,934,318 US dollars, a direct increase of 10 times. What is the reason?
On the same day, pnut announced the listing of Binance, crypto.com, bybit, kucoin, okx, pump.fun, which were all concentrated on the exchange. This means that the meme project has a very thorough plan. Under normal circumstances, how could Binance and OKX be listed together? There is only one possibility that they have been discussed in advance.