@STIXprotocol is a memecoin from the meme app Sticker.ly with over 400 million users worldwide 🌎 available on Gateio and KCEX. 10x very fast. If every user of the app bought just $1 it would make over 500x is the moon
@STIXprotocol is a memecoin from the meme app Sticker.ly with over 400 million users worldwide 🌎 available on Gateio and KCEX. 10x very fast. If every user of the app bought just $1 it would make over 500x is the moon
@STIXprotocol is a memecoin from the meme app Sticker.ly with over 400 million users worldwide 🌎 available on Gateio 10x very fast. If each user of the app bought just $1 it would make over 500x
@STIXprotocol is a memecoin from the meme app Sticker.ly with over 400 million users worldwide 🌎 available on Gate.io. If each user of the app buys just $1 it makes over 500x. Today it has already risen by 37%
@STIXprotocol is a memecoin from the meme app Sticker.ly with over 400 million users worldwide 🌎 available on Gate.io. If every user of the app bought just $1 ema it would make over 500x
@STIXprotocol is a memecoin from the meme app Sticker.ly with over 400 million users worldwide 🌎 available on Gate.io. If every user of the app bought just $1 ema it would make over 500x
@STIXprotocol is a memecoin from the meme app Sticker.ly with over 400 million users worldwide 🌎 available on Gate.io. If each user buys $1 it makes over 500x
Solana-based Peanut the Squirrel PNUT $1.08 24h volatility: 5.3% Market cap: $1.08 B Vol. 24h: $1.55 B meme coin is facing significant selling pressure correcting 10% in the last 24 hours while extending its weekly losses to more than 36%. As of press time, PNUT is trading at $1.08 and has been continuously moving sideways from its all-time high of $1.95 in mid-November.
An analysis of the PNUT/USD 12-hour chart highlights an increase in selloffs for the meme coin. Currently, PNUT price is positioned below the red line of its Super Trend indicator. this indicator helps to gauge the overall direction and strength of asset price trends.
The Super Trend indicator is represented as a line on the price chart, changing color based on the trend’s direction: red for a downtrend and green for an uptrend. When the red line appears above the asset’s price, it signals a continued downtrend, indicating persistent bearish momentum.
Courtesy: TradingView
Furthermore, the Relative Strength Indicator (RSI) for the PNUT meme coin has slipped under the 50-neutral line which confirms the uptick in the selling activity. With a Relative Strength Index (RSI) of 45.81, PNUT shows a decline in buying momentum, suggesting the possibility of continued price depreciation.
Currently, PNUT price is above the support level of $0.97. If it breaks this support, it can fall further to $0.55, breaking this could push it to its all-time low of $0.03.
Binance Founder CZ Calls Meme Coins Weird
Binance founder Changpeng Zhao has urged the crypto community to shift its focus from meme coins and focus on real-world meaningful projects running on the blockchain. On November 26, Changpeng Zhao expressed his increasing dissatisfaction with the meme coin ecosystem. In a post on X, he remarked that meme coins have shifted from being amusing in their early days to becoming “a little” weird.
I am not against memes, but meme coins are getting "a little" weird now.
Let's build real applications using blockchain.
— CZ 🔶 BNB (@cz_binance) November 26, 2024
Many of Zhao’s followers backed his call to prioritize developing real decentralized applications (DApps) over capitalizing on hype. However, some critics pointed fingers at Binance, his former crypto exchange, for listing meme coins that lack clear utility.
On the other hand, some users questioned why Binance’s crypto derivatives platform Binance Futures continues to list new meme coins on its platform. Following the listing of two meme coins, WHY and CHEEMS, on Monday, November 26, their market price crashed within a day.
Following CZ’s comments on meme coins today, the selling pressure in this sector has intensified. top meme coins like dogecoin DOGE $0.38 24h volatility: 6.3% Market cap: $56.51 B Vol. 24h: $12.41 B , Shiba Inu SHIB $0.000024 24h volatility: 4.0% Market cap: $14.27 B Vol. 24h: $1.29 B Pepe Coin PEPE $0.000018 24h volatility: 7.4% Market cap: $7.60 B Vol. 24h: $4.32 B , and Bonk BONK $0.000042 24h volatility: 9.6% Market cap: $3.18 B Vol. 24h: $1.12 B are all down by 10-15%.
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PNUT Meme Coin Party Ends? Binance Founder CZ Issues Warning
I'm holding it for the medium and long term even at a loss. Coin with only 1B in circulation with a MC of $1B, I don't know of any other Memecoin with the same potential.
Professor Mike
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🚨 Hold or Close? The $PNUT Dilemma! 🚨
Thank you for tagging me! Here’s my take:
If you’re holding $PNUT while watching the broader market, particularly $BTC, keep a sharp eye. Bitcoin’s movement often dictates the market sentiment, and a BTC pump could act as a bullish catalyst for $PNUT. Currently, $BTC is consolidating near $92,400 after a notable drop. Once it starts recovering, we could see a ripple effect across altcoins, including $PNUT.
Now, ask yourself these questions: 1️⃣ Do you have the capital strength to sustain your current position until the market shifts bullish? If yes, holding could prove worthwhile as the risk/reward potential increases during a BTC pump. 2️⃣ If you’re feeling uncertain or stretched thin with this drawdown, closing your trade might be the better option to manage risk and preserve your margin.
💡 Recommendation: If you believe in Bitcoin’s recovery and the altcoin market’s strength, holding $PNUT could pay off. However, manage your risk carefully—set clear stop-loss levels and stay updated on market trends.
The choice ultimately depends on your comfort level with holding through volatility. Stay confident, trade wisely, and let’s see how BTC drives the market!
If you’re holding $PNUT while watching the broader market, particularly $BTC, keep a sharp eye. Bitcoin’s movement often dictates the market sentiment, and a BTC pump could act as a bullish catalyst for $PNUT. Currently, $BTC is consolidating near $92,400 after a notable drop. Once it starts recovering, we could see a ripple effect across altcoins, including $PNUT.
Now, ask yourself these questions: 1️⃣ Do you have the capital strength to sustain your current position until the market shifts bullish? If yes, holding could prove worthwhile as the risk/reward potential increases during a BTC pump. 2️⃣ If you’re feeling uncertain or stretched thin with this drawdown, closing your trade might be the better option to manage risk and preserve your margin.
💡 Recommendation: If you believe in Bitcoin’s recovery and the altcoin market’s strength, holding $PNUT could pay off. However, manage your risk carefully—set clear stop-loss levels and stay updated on market trends.
The choice ultimately depends on your comfort level with holding through volatility. Stay confident, trade wisely, and let’s see how BTC drives the market!
You can say whatever you want, but the support at $PNUT at $1.05 is very strong. After it passed $1, it never fell below. The market is not easy for any coin, but considering a supply of only 1B, it can only appreciate more. A memecoin with MC of more than $1B with only 1B in circulation is very promising!
$PNUT After 10 hours of chart and market analysis, I came to the conclusion that it will either fall or it will rise for sure. If you want, follow me for more analyzes like this.