PNUT Price Prediction: Can It Overtake POPCAT?
PNUT is currently the ninth largest meme coin in the market, showing a clear upward trend. If it can continue to gather momentum and break through the $1.41 resistance level, its price could climb to $1.87.
If it manages to break through this resistance, PNUT could further test $2.21 and potentially touch $2.50 again. This would set the stage for PNUT to overtake POPCAT in the meme coin market, after all, the current market capitalization gap between them is about $20 million.
However, if the current upward momentum loses momentum, PNUT's price could face a pullback, testing key support levels of $1.04 and $0.74. If these support levels fail to hold, the price has the potential to fall further, possibly even to $0.41, marking a more serious correction.