Revealing Squirrel $PNUT , to put it simply, it's a grand performance directed by the big players, which has nothing to do with the normal market.
At first, PNUT seemed to bounce out from the cracks of a rock, suddenly announcing its listing on major exchanges like Binance, Crypto.com, Bybit, Kucoin, OKX, etc. This was clearly something that had been discussed in advance; what a coincidence could this be?
Then the first wave of price surge came, and the market cap directly multiplied by 10 because PNUT announced its listing on these major exchanges. After that, the second wave of price surge was even stronger, with the market cap multiplying again by 6. At this point, Musk came out to promote it, and one tweet got over 43 million views; the calling power was simply incredible!
But this is obviously not a normal market phenomenon. The purpose behind it is to hype up the animal meme trend, allowing Musk and the Trump team to make a profit, while the exchanges gain traffic and a good reputation, telling retail investors that trading meme stocks can still make money!
The origin of PNUT was created by a guy named @pnutsolana. Initially, it just posted some pictures on Twitter with average traffic. But suddenly, it began to wildly post meme images, seek news endorsements, and ask influencers to retweet; this operational technique is simply textbook-level. Especially when big figures like Musk and the official Dogecoin account got involved, PNUT truly skyrocketed.
Then came various small exchanges following suit, influencer news videos, and exchanges all taking turns to promote it, and PNUT seemed to have taken off like a rocket. But to be honest, a project that surges this high in 7 days has no solid community foundation and is entirely based on speculation.
So how will PNUT be operated going forward? This depends on the market-making techniques of Binance and whether Musk continues to support it. But personally, I believe this kind of project carries too much risk; buying it requires caution.
PNUT's hype in these 7 days is truly textbook-level, and all parties have learned quite a bit. But we still need to keep our eyes open and not be blinded by such speculation.
Overall, PNUT is a meticulously planned hype show; although it seems to be glorious, the risks behind it should not be underestimated.
As for the future layout direction, I will guide everyone to aim at the lucrative opportunities in altcoins, especially those with great potential. If you want to make big money in a bull market, like and leave a comment, and I'll help you strategize for the entire bull market and seize the opportunity together!