Is PNUT (Squirrel Coin) still worth investing in?
Firstly, the price trend of PNUT is closely linked to the actions of Elon Musk, who often influences market sentiment, especially in the cryptocurrency sector.
He has previously swayed market direction multiple times through Twitter, so if he shows interest in Squirrel Coin or forms some kind of association with it, it is likely to drive up the price of PNUT.
Secondly, from a market perspective, the rise and fall of PNUT is not solely determined by whether it can be listed on major exchanges (like Binance, Coinbase, etc.); these exchanges are just external representations. In reality, key factors include chip distribution, liquidity, the project's recognition in the market, and whether its backstory is attractive.
Overall, if you prefer a conservative investment approach, you should cautiously evaluate PNUT;
However, if your investment style is more aggressive and you possess sufficient risk tolerance, especially with factors like market sentiment and political events in play, PNUT might be a choice worth considering.
