Value investment is a waste, all in meme lives in the palace

A sentence that we used to joke about is slowly becoming a reality.

Eight of the top ten best performing cryptocurrencies in the past 24 hours are meme tokens. These gains far outstrip many other altcoins, highlighting the strong investor interest in this space. The continued rise of these tokens indicates that market attention is shifting from established assets to more speculative investments.

At around 9:00 Beijing time on November 14, the market showed that PNUT briefly broke through US$2.5, setting a new historical high, with a 24-hour increase of 422.3%.

This is not the first time that PNUT has attracted attention with its rising trend. Around 20:00 on November 13, PNUT briefly broke through $1.5, with a 24-hour increase of 247.41%; on November 11, affected by the listing of Peanut the Squirrel (PNUT) on Binance, PNUT briefly reached $0.28, with a 141.15% increase in 1 hour.

The origin of Peanut

The rescued little squirrel Peanut was caught and detained by the Americans. Then, on November 2, news broke that Peanut had been euthanized, sparking strong anger on the Internet.

Musk also joined the memorial and posted several tweets in support of Peanut.

At that time, the US presidential election was in full swing. On November 4, Musk pinned a tweet on the X social platform saying, "Vote for PNut! For freedom." Data shows that Peanut's market value at the time was $53.97 million.

Because the New York Environmental Protection Agency is controlled by the Democratic Party, many people condemned the abuse of power by the authority. The Trump team also took this opportunity to speak out many times.

The Democratic Party’s outrageous actions and Trump’s statement have obviously aroused people’s election sentiment. Some people even called on social media to vote for Trump to avenge Peanut.

At this point, Peanut represents a spirit of resistance for freedom and democracy. The fate of this little squirrel has been tied to the US election and has become another dimension for Trump's team to criticize Harris' team.

PNUT creates huge wealth

Against the backdrop of Trump's victory, the overall crypto market is rising. The former president, who is about to return to the White House, is excited about his friendly attitude towards cryptocurrencies. Musk, who has been calling for Dogecoin, will take office as the "Department of Government Efficiency" during Trump's administration. The abbreviation of "Department of Government Efficiency" is the same as the abbreviation of Dogecoin DOGE. Dogecoin, the top meme coin, has ushered in a new market cycle. It is reasonable that PUNT, which was supported by Musk, has skyrocketed.

On November 13, Musk directly called for PUNT: "A squirrel and a Meme coin saved America!" Driven by Musk, the big brother on the Trump list, PUNT soared.


Secondly, the recent surge in PUNT is related to the overall Meme market. In this round of crypto bull market cycle, the most outstanding performances are Bitcoin and Meme sectors. Among the top 10 cryptocurrencies in terms of trading volume in the crypto market (excluding stablecoins) in the past 24 hours, there are as many as 6 Meme coins, namely DOGE, SHIB, PEPE, WIF, BONK and PNUT.

How far is PNUT's future?

In the cryptocurrency world, besides BTC, the two memes with the biggest wealth effects are doge and shib. The former was valued at 100 billion US dollars at its peak, while the latter was valued at over 60 billion US dollars. Pepe, people, bome, neiro, etc. that came out later are far less than the size of dogecoin and shibcoin.

Doge became popular because Musk repeatedly said it was the currency of mankind, and the same is true for shib, both of which are strongly related to Musk.

Their market value myth left a deep impression on people in the currency circle. When Bitcoin broke through its previous high in this bull market, doge's market value rose continuously from more than 10 billion US dollars to more than 40 billion US dollars in just a few days. This wave of rise was also related to Musk.

pnut’s recent explosion is also related to Musk.

When Pnut was first issued, it was 0.8. If you bought it then, you can still make three times the profit. When it was issued for the second time, it was 1.3. So far, it has also doubled. It is true that the bold will die of overeating while the timid will die of starvation. Congratulations to the brave warriors who dared to buy it.

How much should this squirrel that saved America be worth?

In comparison, the current market value of DOGE is 57 billion US dollars, SHIPB is 14.4 billion, PEPE is 5.2 billion, and PNUTS is only 1 billion.

This will be the best target for big money to enter the market, so the rise of pnut is likely to be astonishing, and this will be the target of attention for big money around the world.

At this time, it is particularly suitable to review doge and shib, so as to predict the trend of pnut.

doge：

Following the Bitcoin bull market, it has been rising for half a year!

Three consecutive increases, each 10 times! 100 million increased to 1 billion, 1 billion increased to 10 billion, 10 billion increased to 100 billion

It’s so crazy, so straightforward!

shib：

Like doge, it has been rising without any pullback, from hundreds of millions of dollars to tens of billions of dollars, rising for half a year, rising 100 times, and rising every day.

This is the crazy bull market, this is the power of Musk.

How will the current round of PNUT go? If it is an institution or a big money investor, there are only three options: BTC, DOGE and PNUT.

How to choose? Perhaps it is not easy to make a wrong choice among 1.6 trillion bitcoins, more than 50 billion doges and 1 billion pnuts.