🔍 $PNUT Analysis

📈 Current Price: $1.173503

💰 Market Cap: $1.17B (#88)

📊 24H Volume: $3.68B (#13)

📉 ATH: $2.43 (-52%) on Nov 14, 2024

📉 ATL: $0.03477 on Nov 4, 2024

🚀 Key Metrics:

- Vol./Market Cap Ratio: 3.1377 ✅ (High trading activity)

- Circulating Supply: 999.85M (100% of total supply)

- Sentiment: Bullish 💹 with a Fear & Greed Index at 82 (Extreme Greed)

🔑 Observations:

PNUT is showing strong trading activity with its high Volume/Market Cap Ratio (3.1377), indicating substantial liquidity and interest.

The coin's recovery from its ATL of $0.03477 earlier this month to over $1 highlights intense price action and volatility, likely due to market speculation or adoption catalysts.

Supply metrics show that almost the entire supply is circulating, reducing concerns about dilution but also capping future supply growth.

Sentiment is highly positive with the Fear & Greed Index at extreme greed levels, signaling potential FOMO but also suggesting caution for over-leveraged positions.

⚠️ Key Takeaway: PNUT is in a bullish phase with high liquidity and momentum, but its extreme greed sentiment and volatility warrant careful entry strategies. Scalping and short-term trades might be ideal for high-risk takers.