The squirrel$PNUT skyrocketed to $2.5 after its launch, then the hype decreased, dropping for 7 days, and has now corrected by 40%.
Retail investors who chased high in the past 7 days have been continuously cutting losses and switching to new MEME coins. You can see that the 1-hour level$PNUT has also been shaken out.
This morning, the price of squirrel PNUT fell to $1.26 and then began to rebound. The current price is $1.45. Everyone can get in around $1.3; I think it is relatively safe.
![](https://bin.bnbstatic.com/image/admin_mgs_image_upload/20241223/08cfd585-774b-41d1-ac84-c734d9f294d5.png)
I rarely play with newly launched MEME coins, so why am I paying attention to this coin? It's because of the consensus of this coin, which is still 'invincible' at the moment. After all, this 'squirrel' has pulled Trump and gained a lot of fame, and Musk keeps promoting it.
Moreover, I noticed that the market cap is only 1.4 billion, compared to PEPE's 8.2 billion, BONK's 3.9 billion, and FLOKI's 2.5 billion, leaving a lot of room for growth. The main factors are its strong consensus and recognition, and Musk even said, 'America was saved by a squirrel and a meme coin,' so its upward potential in the future looks quite good.
Once again, I remind you that MEME coins have large fluctuations, use less leverage, use less leverage!
Coinbase has successively listed PEPE, WIF, and Floki. Do you think PNUT will be listed?
I think there is a high probability.
![](https://public.bnbstatic.com/image/pgc/202411/feb9964199d28a8c5cffc43b9b70e23e.png)
![](https://public.bnbstatic.com/image/pgc/202411/367292adef58a6c2f52e2bda3e098973.png)