CandleFocus Peanut the Squirrel: Could PNUT Token Price Hit a New All-Time High Soon?
2024-12-23
Author: Content Editor
Summary:
Solana-based memecoin PNUT has seen a significant drop in value, falling over 50% in the past two weeks. The recent Bitcoin correction has impacted the altcoin industry, with PNUT being no exception. Despite this, the memecoin has gained attention due to listings on major exchanges such as Binance and Coinbase. However, PNUT has faced legal issues from Mark Longo, who claims the coin used his former pet's image without permission. PNUT's price is currently retesting a key support level and there is potential for a rally if crypto bullish sentiment returns.
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