Originally everyone said that DOGE could reach $1, but PNUT Squirrel Coin soared to over $2. Can this momentum continue? What will happen to PNUT next?
Speaking of PNUT, since BN was launched, the price has soared. On November 11, affected by the launch of Binance, PNUT reached $0.28 in a short period of time, an increase of 141.15%! Then on November 13, as soon as Musk spoke, PNUT directly broke through the $1.5 mark, and the 24-hour increase reached an astonishing 247.41%. On November 14, PNUT continued to make progress and broke through $2.5 in a short period of time, setting a new record. This speed is really fierce.
Now PNUT has become the fourth largest meme coin on Solana by market value, which is a real achievement! So how much more can PNUT rise? I personally think that in this bull market, the market value of PNUT can be conservatively estimated to reach 5 to 8 billion US dollars! This is not my nonsense. Just look at the enthusiasm of the market hype about Trump's transactions after Trump was elected, and you will know how strong the money-making effect is!
Image source: Public account Pepe Soha
Speaking of PNUT, some people may not know much about it. In fact, its story has to start from the presidential election. At that time, the Democratic Party had a big fight with a famous internet celebrity because of a squirrel named Peanut. The police caught the squirrel and euthanized it, which caused an uproar on the Internet. Even Musk sent several tweets, angrily denouncing the corruption of government agencies. Later, this squirrel became a key symbol of Trump's campaign, triggering widespread dissatisfaction with the current government.
Musk lived up to expectations and tweeted in support of PNUT. He said a squirrel and a meme coin saved America! As soon as this was said, PNUT's status immediately rose, and it was comparable to DOGE back then!
Look at the trend of PNUT, it is simply a crazy bull market plus Musk's divine assist! Now, big money from all over the world is eyeing this squirrel coin! If you are an institution or big money, there are only three choices: BTC, DOGE and PNUT! None of these three is easy to make a wrong choice!
Looking back at the historical trends of DOGE and SHIB, you will find that the trend of PNUT is simply a replica of them! DOGE has been rising for half a year in the Bitcoin bull market, and each wave of growth has started at 10 times, and finally rose from 100 million to 100 billion! SHIB has also soared all the way, from hundreds of millions of US dollars to tens of billions of US dollars without even a callback. This is the power of crazy bulls and Musk! So this round of PNUT's trend is likely to continue to be crazy.
