Peanut the Squirrel (PNUT) is a meme coin based on the popular "Peanut the Squirrel" meme. Here are some key points regarding the prospects of this cryptocurrency:

1. Value: In the last 24 hours, the price of PNUT has increased by 190%, reaching $1.28. This was caused by an increase in the volume of trades and positive technical indicators.

2. Technical Analysis: According to data on TradingView, PNUT shows positive buy signals, particularly in the short and medium term.

3. Market Trends: PNUT made a significant breakout in October 2024, increasing its price by 45%. This was driven by increased trading volume and positive expectations for its use in the X ecosystem.

4. Positive technical indicators: PNUT is showing positive signals on various technical indicators, indicating the possibility of further growth.

5. Market Capitalization: PNUT has a significant market capitalization, which is indicative of its popularity among investors. Overall, the outlook for PNUT looks promising, but as with any cryptocurrency, you should be cautious and do your own research before investing.