Peanut The Squirrel Price Prediction: PNUT Plunges 9% As Investors Flock To This Vote-To-Earn Meme Coin For Its 903% Staking APY
The Peanut The Squirrel price dropped 9% in the last 24 hours to trade at $1.6261 as of 2 a.m. EST on trading volume that dropped 20% to $1.26 billion. The token’s price has been skyrocketing between November 4 and 14, when it climbed to an all-time high (ATH) at $2.47. Since then, however, its price corrected and has been stuck between a support at $1.6 and a resistance at $2. This means that the PNUT token has been relatively stable, and on a weekly basis, its growth is still exceptional, going beyond 239%. However, on a day-to-day basis its price has been seeing significant fluctuations. While this opens the door for day traders to make their move, and indeed, many have used its fluctuations to make small bits of profit multiple times throughout the day. However, the fact that Peanut The Squirrel price is seeing such sharp drops is interesting, as the token has plenty of reasons for growth in terms of fundamental Analysis . Just yesterday, KuCoin Earn announced the launch o...