The $ Pnut, the meme coin inspired by Peanut The Squirrel, is seeing a huge price action today. After a time of relative -child, this owner returned aloud, delivering crazy acquisitions for the holders.
In the past 7 days, $ PNUT has moved by 91%, and last month, it was an eye watering of 153%, putting it tightly on the radar of entrepreneurs.
Currently ranked by 157th over all cryptocurrencies in CoinmarketCap, $ PNUT is still considered a mid-cap gem with plenty of room to grow.
Its market cap stands around $ 337 million, which means a push towards a billion dollars level may be on the horizon if the bullish momentum continues.
However, with such a strong reversal swing, the question for new investors is clear: is it time to jump, or will a pullback come?
Origin – Cryptonews YouTube channel
Peanut The Price Analysis of squirrel (PNUT)
The price chart for the $ PNUT token last week shows a strong bullish breakout after a prolonged integration period.
From May 4 to early May 8, the token moved to the sideways on a tight range between $ 0.15 and $ 0.20, indicating an accumulation stage with low volatility.
However, starting May 8, PNut's price began to climb continuously and then appeared strongly on May 9, which breaks the resistance level to $ 0.20.
This breakout marked the start of a strong upward trend that pushed the price of the token as high as $ 0.40 today, effectively doubling its value in just two days.
Following this rapid increase, the price experienced a healthy pullback, which sank slightly but in search of strong support around $ 0.30 to $ 0.35 zone.
This support area is now important for maintaining bullish momentum, as it suggests that consumers have stepped to defend these levels and keep the increase.
Based on the current pattern shown on the $ PNUT token chart, the outlook remains bullish as long as the price holds above the $ 0.30 zone support.
If this level continues to act as a floor, the $ PNUT can recently retest -only at $ 0.40, with the potential to break and target the next resistance levels around $ 0.45 to $ 0.50 in a short time.
On the other hand, if the price fails to maintain more than $ 0.30 and drops below this support, it can signal a deeper correction towards $ 0.25 before finding stability.
Overall, the strong progress followed by the integration suggests that $ PNut remains in an upward trend, but the coming days will be critical to confirm whether it can maintain a bullish trajectory or deal with a temporary pullback.
Peanut the ardher's (PNUT) prophecy prophecy price
At the forefront, if the $ PNUT maintains the current momentum, a market cap target of $ 1 billion will reach – almost 3x from the current levels.
It will put $ PNUT on the top 100 cryptocurrencies and will likely trigger lists in larger exchanges, further its pouring. However, the timing is all. For long-term believers, aging on pullbacks is more understanding than chasing the green candles.
Meanwhile, another project warms up behind the scenes – Solaxy (Solx)which makes waves even before its official launch.
Solaxy (Solx) rises rapidly while investors are eye to the next breakout
For investors looking for the next big breakout, Solaxy (Solx) is a project to watch. This new solution Solana Layer 2 has raised $ 34.2 million in its presale, making it the most successful ICO of the year.
As the launch date approaches, the excitement is building, and many investors see Solaxy as a potential 10x to 100x chance at the next market cycle.
A major development for the project is the official launch of its own layer 2 Block Explorer, which allows users to search for transactions, programs, accounts, blocks, and tokens. This launch shows Solaxy's commitment to developing real infrastructure, not just hype.
Designed to address Solana network congestion, failed transactions, and scalability issues, Solaxy enhances efficiency and reliability while maintaining Solana's security. This is the position as a major player in the 2 ecosystem layer.
Through Testnet today lives and rumors are lists on major exchanges such as Coinbase, Bybit, and Binance, Solx has prepared for an explosive launch. Investors still have time to participate in Presale, which receives payments to Solana, Ethereum, USDT, and credit cards.
When purchased, the tokens can be stopped immediately to earn rewards, with APYs as high as 117% year -old -translates to more than 12% in passive income each month before the token is officially listed.
As the launch approaches, the window to join the presale and earn staking rewards will quickly close. Visit Solaxy.
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