Peanut the Squirrel [PNUT] Live Price Analysis & Market Insights

·

Peanut the Squirrel (PNUT) has captured the attention of crypto enthusiasts and traders alike, emerging as a notable player in the meme-inspired digital asset space. Currently trading at $0.2192**, PNUT maintains a market capitalization of **$219.52 million with a circulating supply of 999.85 million tokens. Over the past 24 hours, the price has increased by +0.44%, while showing a modest weekly gain of +0.94%.

Despite its playful branding, PNUT’s market metrics suggest growing investor interest and trading activity across major platforms. This article dives deep into PNUT’s price dynamics, technical indicators, exchange data, and broader market context to help you understand its current position and potential trajectory.

Market Overview & Key Metrics

Understanding the current market landscape is crucial for evaluating PNUT's performance. Below are the essential statistics that define its standing in the cryptocurrency ecosystem:

The significant gap between the 52-week high and current price indicates a substantial correction since its peak in late 2024. However, recent stabilization around the $0.20–$0.25 range suggests renewed consolidation and potential for upward momentum.

👉 Discover how real-time data can improve your trading decisions with advanced tools.

Where to Trade Peanut the Squirrel (PNUT)

PNUT is actively traded across 13 exchanges, offering 25 trading pairs—a strong signal of liquidity and accessibility. The two dominant platforms by 24-hour trading volume are:

These exchanges provide robust infrastructure, deep order books, and reliable security protocols, making them preferred destinations for both retail and institutional traders.

High trading volume contributes to tighter spreads and faster execution, which are vital for active traders looking to capitalize on short-term price movements. Additionally, wide exchange availability increases token visibility and adoption within global crypto markets.

Price History & Volatility Trends

Peanut the Squirrel reached its all-time high of $2.44 in November 2024**, driven by viral social media momentum and speculative buying. Conversely, it hit a 52-week low of **$0.03154 earlier that same year, reflecting extreme volatility typical of meme-based tokens.

Since then, PNUT has undergone a correction phase followed by gradual recovery. While it remains far from its peak, the current price action shows signs of stabilization—a potentially positive indicator for medium-term investors.

Market sentiment appears cautiously optimistic, with price movements closely tied to broader altcoin trends and on-chain activity levels.

Technical Analysis: Daily Indicators Breakdown

Technical indicators offer valuable insights into potential future price direction. Here's an analysis of key daily signals for PNUT:

Momentum & Sentiment Indicators

Moving Averages (Trend Outlook)

Currently trading below all major moving averages, PNUT remains in a technical downtrend. However, reduced volatility and bullish signals from oscillators suggest a possible reversal could be forming.

👉 Access powerful charting tools to analyze PNUT’s trend patterns in real time.

Core Keywords & SEO Optimization

To align with search intent and enhance discoverability, this article integrates the following core keywords naturally throughout:

These terms reflect common queries from users researching PNUT, ensuring relevance for both informational and transactional searches.

Frequently Asked Questions (FAQ)

What is Peanut the Squirrel (PNUT)?

Peanut the Squirrel (PNUT) is a decentralized cryptocurrency inspired by internet meme culture. Built on blockchain technology, it aims to combine community-driven engagement with tradable utility across various digital asset platforms.

Is PNUT available on major exchanges?

Yes, PNUT is listed on several prominent exchanges including Binance and MXC, which together account for over $32 million in combined 24-hour trading volume—ensuring high liquidity and ease of access.

How volatile is the PNUT price?

PNUT has shown high volatility, typical of meme coins. Its 52-week range spans from $0.03154 to $2.44, reflecting strong speculative interest and sensitivity to market sentiment and social trends.

What does the technical analysis suggest about PNUT?

Current indicators show mixed signals: neutral RSI and MACD, bullish Stochastic and Williams %R, but bearish moving averages. This suggests a period of consolidation with potential for breakout pending stronger directional catalysts.

Can PNUT reach its previous all-time high?

While possible in a strong bull market cycle fueled by renewed hype or ecosystem developments, reaching $2.44 again would require significant trading volume, sustained demand, and favorable macro conditions.

What factors influence PNUT’s price?

Key drivers include exchange listings, trading volume spikes, social media trends, overall crypto market sentiment, and adoption within decentralized finance (DeFi) or NFT ecosystems.

Final Thoughts: What’s Next for PNUT?

Peanut the Squirrel remains a speculative yet intriguing asset in the ever-evolving meme coin landscape. Though far from its 2024 peak, current price levels reflect a potential accumulation phase supported by neutral-to-bullish technical signals.

For traders, PNUT offers opportunities in short-term volatility plays. For long-term observers, watching exchange volume trends and on-chain metrics will be key to identifying breakout potential.

As always, due diligence and risk management are essential when navigating highly volatile digital assets like PNUT.

👉 Stay ahead of price swings with real-time alerts and advanced analytics tools.