PNUT coin was officially launched on Binance today. In just one hour, its price soared from $0.42 to $0.92, with a maximum increase of 110%. This surge has triggered widespread heated discussions in the market, and many people have discussed the potential of PNUT. Can it become the next currency with a dozens of times increase, or is it just a tool for capital harvesting?

The birth of PNUT coin and event marketing

There is a remarkable story behind the PNUT coin - it originated from the tragedy of an American squirrel named Peanut. Due to an "illegal incident", the squirrel was euthanized, which quickly aroused the anger of the entire network and became the focus of social media. With the intervention of public figures such as Musk, the PNUT coin came into being and became a symbol of protest and political events. This clever emotional marketing attracted a lot of attention and hype from investors, making it a dark horse in the market.

Political hot spots and public opinion support

The outbreak of PNUT is closely related to the wave of public opinion related to the US election. Taking advantage of this political event, the market value of PNUT quickly soared from the original 27 million US dollars to 160 million US dollars, and exceeded 400 million US dollars after Binance went online. The increase in PNUT coins is undoubtedly a perfect embodiment of the combination of social hot spots and political emotions, becoming a star in the Meme coin market.

The risks behind the short-term surge

Although PNUT has gained rapidly due to the popularity of social media, this short-term surge also means potential huge risks. Meme coins are usually highly volatile, and the surge in prices is often accompanied by investors' extreme greed and emotional trading. Investors may quickly make huge profits, but they may also suffer heavy losses when prices fall back.

On-chain data reveals capital layout

According to the on-chain data, the surge in PNUT is not only driven by the emotions of retail investors, but also by the layout of big capital. A mysterious whale has a large position in PNUT coins, with a floating profit of up to 4 million US dollars. The successful outbreak of PNUT is not only a reflection of social hot emotions, but also the result of precise operations by capital giants. This phenomenon reveals the interaction between funds and public opinion and the "emotional harvesting" game in the Meme coin market.

Conclusion

The surge in PNUT has shown us the close connection between cryptocurrencies and social hot spots, and also reminded investors: Although the opportunity to make quick money in the short term is tempting, the investment risk of Meme coins is extremely high, and the uncertainty of the market also makes long-term holding challenging. For any investor, it is necessary to carefully assess the risks and look at this emotionally driven asset rationally. #PNUT走高 #币安获CCData最高评级