$PNUT
After the last surge to a peak of 2.5, it began to pull back.
Previously, due to Musk's endorsement, this coin rose from 0.8 all the way to 2.5,
but there were too many bottom chips, and many investors sold off around 2.
Currently, it has reached the two-hour support line at 1.6. If it breaks this support, it may further pull back to 1.5 or lower.
The capital flow in the Meme sector is rapid, with extreme price fluctuations being very common, so caution is needed to observe the capital trends in this sector.
The biggest uncertainty at the moment is Musk. Today, he again shared a photo on the X platform of Polaris (a private space exploration program supported by SpaceX) content director John Kraus holding a giant banana in front of the SpaceX Starship, which quickly sparked heated discussions in the crypto community. Many comments tagged BANANA and $BAN, leading to a price increase for both tokens.
