【$PNUT Future Price Trend Prediction】
[Short-term Trend]
According to CoinCodex's prediction, #PNUT is expected to continue rising from November 21 to 25, with the price potentially reaching $2.23 on the 25th, up 35.79% compared to the current price. Additionally, on November 11, a whale investor spent $2.46 million to purchase 9.24 million of #PNUT , which may continue to influence PNUT's short-term trend. If this whale continues to accumulate or sell, the price fluctuations of PNUT may intensify.
[Medium-term Trend]
CoinCodex predicts that by December 2024, the price of $PNUT is expected to reach $5.67, an increase of 232.40% from the current level. Currently, the market's fear and greed index has reached 90, indicating an 'extreme greed' state, showing strong positive market sentiment, which may drive the price of PNUT further up in the medium term.
[Long-term Trend]
From the perspective of project development, as an emerging meme coin, the technical architecture and application scenarios of #PNUT are still being explored. If it can successfully expand its applications, it will provide strong support for its long-term value.
However, the competition in the meme coin market is exceptionally fierce. $PNUT needs to continue innovating and employ efficient marketing strategies to maintain its market popularity, or it risk being replaced by other competing projects, leading to a price decline.
Additionally, the regulatory environment of the cryptocurrency market remains uncertain. If regulatory policies become stricter in the future, it may have a negative impact on the price of PNUT. #meme板块关注热点