Price: $0.38547 0.6259%
Market Cap: 56.58B 1.9268%
Volume (24h): 15.13B 0.4%
Dominance: 1.9268%
Price: $0.38547 0.6259%
Market Cap: 56.58B 1.9268%
Volume (24h): 15.13B 0.4%
Dominance: 1.9268% 1.9268%
  • Price: $0.38547 0.6259%
  • Market Cap: 56.58B 1.9268%
  • Volume (24h): 15.13B 0.4%
  • Dominance: 1.9268% 1.9268%
  • Price: $0.38547 0.6259%
Home > Information news > Peanut The Squirrel Price Soars 128% To Hit $2 Billion Market Cap As Pepe Unchained Presale Announces Launch Date – Next Coinbase Listing?

Peanut The Squirrel Price Soars 128% To Hit $2 Billion Market Cap As Pepe Unchained Presale Announces Launch Date – Next Coinbase Listing?

Release: 2024/11/15 00:14 Reading: 686

Original author:Inside Bitcoins

Original source:https://coinmarketcap.com/community/articles/6736163cdacac0499fff6acf

Peanut The Squirrel Price Soars 128% To Hit $2 Billion Market Cap As Pepe Unchained Presale Announces Launch Date – Next Coinbase Listing?

Peanut the Squirrel Price Surges 128%

As of 02:33 a.m. EST, the price of Peanut the Squirrel (PNUT) has skyrocketed 128% to reach $2.11, driven by a surge in trading volume of 209% to $7 billion.

Market Capitalization Reaches ATH

This surge has propelled PNUT's market capitalization to over $2 billion, setting a new all-time high (ATH) of $2.44.

Bullish Trend Continues

Peanut the Squirrel's price has remained in a consolidation phase throughout November, with strong support at the $0.13 level. This support has fueled a parabolic surge, indicating a bullish trend.

Technical Indicators Align

Technical indicators support the bullish rally. PNUT now trades above the 50-day Simple Moving Average (SMA), indicating continued strength. The Relative Strength Index (RSI) is above the 70-overbought region, suggesting heavy buying pressure and overvaluation. Furthermore, the Moving Average Convergence Divergence (MACD) shows a bullish crossover, further supporting the rally.

Momentum and Future Outlook

If the current momentum continues, Peanut the Squirrel's price may climb even higher, potentially surpassing its ATH of $3.0. However, an overextended RSI could lead to a sell-off, potentially pushing PNUT back to the $1.5 level in the short term.

Conclusion

The surge in Peanut the Squirrel's price highlights its bullish momentum. While technical indicators suggest potential for further gains, caution is warranted due to the overbought conditions.

Selected Topics

  • Dogecoin whale activity
    Dogecoin whale activity
    Get the latest insights into Dogecoin whale activities with our comprehensive analysis. Discover trends, patterns, and the impact of these whales on the Dogecoin market. Stay informed with our expert analysis and stay ahead in your cryptocurrency journey.
  • Dogecoin Mining
    Dogecoin Mining
    Dogecoin mining is the process of adding new blocks of transactions to the Dogecoin blockchain. Miners are rewarded with new Dogecoin for their work. This topic provides articles related to Dogecoin mining, including how to mine Dogecoin, the best mining hardware and software, and the profitability of Dogecoin mining.
  • Spacex Starship Launch
    Spacex Starship Launch
    This topic provides articles related to SpaceX Starship launches, including launch dates, mission details, and launch status. Stay up to date on the latest SpaceX Starship launches with this informative and comprehensive resource.
  • King of Memes: Dogecoin
    King of Memes: Dogecoin
    This topic provides articles related to the most popular memes, including "The King of Memes: Dogecoin." Memecoin has become a dominant player in the crypto space. These digital assets are popular for a variety of reasons. They drive the most innovative aspects of blockchain.