FAQ about fans' questions regarding the PNUT token

1. First, let's discuss the first question: "Why is there so much hype, and why is it still dropping even though Musk is promoting it?"

⚠️ Answer: First of all, Musk has never promoted any cryptocurrency, except for the connection between Dogecoin and Litecoin. The association of other coins with Musk is largely driven by the project teams themselves. With so many inexperienced investors following the trend into PNUT, they are all frantically trying to buy at the bottom. Do you think the lenders will watch it rise and then pay the long position holders' profits? Therefore, the first question is quite understandable.

2. Now, let’s move on to the second question: "Is it possible for PNUT to reach 10U, as many people want to get rich through it?"

⚠️ Answer: Based on the current market situation, unless it drops to around 0.5 and the bullish investors are afraid to enter, there might be a rebound. However, during the rebound, we also need to consider Bitcoin's market situation. If Bitcoin's correction period is prolonged, PNUT might even fall below the opening price. Moreover, currently, there is no consensus on the bottom for PNUT, so 10U is too far-fetched; reaching 2U would be quite an achievement.

3. Is PNUT really a foreign project?

⚠️ Answer: We suspect that the project team behind this token is domestic because, from the initial 10 addresses that transferred coins, all IPs were traced to domestic addresses, and even the 10 individuals are in the country. So it’s possible that it was created by domestic people, or the team that issued the token is overseas and is using some domestic influencers to hype it up and strategize.