Popular memecoins Shiba Inu (SHIB) and Peanut the Squirrel (PNUT) have experienced significant drops in value amidst a bullish season in the crypto market. PNUT has dropped 30% in the past week but shows signs of potential recovery, with weighted sentiment indicating a possible bounce. Similarly, SHIB has seen a 5.1% drop in a week but has surged 30% over the past month. The Relative Strength Index (RSI) suggests a potential upward trend for both coins, but they may face resistance and support levels at certain price points.



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