Peanut The Squirrel Price Soars 128% To Hit $2 Billion Market Cap As Pepe Unchained Presale Announces Launch Date – Next Coinbase Listing?
Release: 2024/11/14 23:21 Reading: 984
Peanut the Squirrel Price Surges on Bullish Momentum
The Peanut the Squirrel (PNUT) price has experienced a significant surge, with a 128% increase in value in the past 24 hours. As of 02:33 a.m. EST, it trades at $2.11, driven by a 209% surge in trading volume to $7 billion.
This upward momentum has pushed PNUT's market capitalization above $2 billion, setting a new all-time high (ATH) of $2.44.
Bullish Trend Remains Strong
According to data from GeckoTerminal, Peanut the Squirrel has been consolidating within a range in November, with $0.13 providing resistance. This support level has allowed the price to rise along a parabolic curve, indicating a positive trend.
Moreover, PNUT currently trades above its 50-day Simple Moving Averages (SMA), suggesting that the bullish trend remains strong. The Relative Strength Index (RSI) has also moved above the 70-overbought region, reaching 85, indicating that the asset is experiencing strong buying pressure and is potentially overvalued.
The Moving Average Convergence Divergence (MACD) further supports the bullish momentum, with the blue MACD line crossing above the orange signal line, forming a bullish crossover. This indicates that the price of Peanut the Squirrel may continue to rise, potentially reaching a new ATH of $3.0.
src="/uploads/20241115/17316018226736259e87ad7.png">
Oversold Conditions May Lead to Correction
However, given the overbought RSI, bears may interpret this as a sell signal, which could lead to a short-term correction and push the price back to the $1.5 level.
Pepe Unchained Presale Continues to Gain Traction
Amidst the surge in PNUT's price, the Pepe Unchained (PEPU) presale has also gained significant momentum. It has raised over $29.6 million in funds, including $1.2 million in a single day from large investors.
The excitement surrounding PEPU is attributed to its potential to turn $1k into $10k after launch, as suggested by YouTube channel 99Bitcoins with over 706K subscribers.
Pepe Unchained Targets Top Meme Coin Position
Pepe Unchained is a new meme coin that aspires to dethrone PEPE coin and become the leading frog-themed meme coin by offering a dedicated Layer 2 blockchain for faster and more cost-effective transactions.
The team has set a timer for the presale, indicating that it will end in less than 29 days, followed by listings on tier 1 exchanges.
Token holders can earn passive income through the platform's staking system, which offers an APY of 86%.
PEPU tokens can be purchased for $0.0128 each using ETH, USDT, or a bank card. For more information, visit the official website.
Recent news
More>- Trump’s Revolution Solana Memecoin Will Surge 13,000% Before First Exchange Listing, As Shiba Inu and DOGE Lag 11-23
- Enormous XRP Breakthrough: $2 in Sight, Dogecoin (DOGE) at Pivotal Price Level, Ethereum (ETH) Forms Very Dangerous Pattern 11-23
- Pepeto’s $600K Presale Highlights Vision for Supporting Memecoins Ahead of 2025 11-23
- Pepeto’s $600K Presale Highlights Vision for Supporting Memecoins Ahead of 2025 (22 Nov) 11-23
- New Solana Memecoin Shiba Eats Pepe to Skyrocket 16,000% Before Exchange Listing, as Dogecoin and Bonk Fall 11-23
- Top Trader Calls Dogecoin Budget XRP — Here's Why 11-23
- PNUT, WIF, PEPE Defy the Odds: How High Can These Memecoins Climb? 11-23
- $1k in Dogecoin in 2021 Worth $200,000 Today, Analyst Points to a New Opportunity to Repeat It 11-23
- $440 in Dogecoin (DOGE) Could Turn Into $44000 by November 2025, But One DOGE Alternative Will Do It in 8 Weeks: Surprisingly, It’s Not Shib... 11-23
Selected Topics
More>>-
- pepecoin Price Analysis
- This topic provides articles related to PepeCoin price, covering key PepeCoin insights and analysis
-
- pepe:meme star
- This topic provides articles related to the most promising meme, PEPECOIN, a project with the potential to become a mainstream digital currency. It has the advantages of decentralization, reliability, ease of use, fast speed, low cost and scalability, and is expected to be more widely used in the future
-
- pepecoin price prediction
- We’ve gathered facts about pepecoin’s success story and provided a pepecoin price prediction
Selected Articles
More>>- 1 Avalanche and Aptos rival raises over $600k in 2 weeks
- 2 Crypto Prices Today: Market Continues Rally With BTC, Pepe Coin, SEI Rising
- 3 Major Analyst Crypto Tony Bullish on These Meme Coins, But One Stands Out
- 4 MTAUR Ready to Crush DOGE and PEPE: 100x Price Growth Incoming?
- 5 Memecoins Surge in 2024, Popcat Leads with 7,621% YTD Gain, Outshining Top Crypto Tokens
- 6 PEPE Meme Coin Smashes ATH – See How Much an $83 Investment in Pepe Coin Last Year is Worth Now
- 7 Top 4 Altcoins At 70% Discounts – Last Chance!
- 8 Dogecoin Creator Proposes DOGE to NBA Legend Scottie Pippen
- 9 Top Analyst Who Predicted Dogecoin (DOGE) Last 170x Rally Forecasts New Parabolic Rise, Here’s His Price Target
- 10 New Solana Memecoin Trump Loves Elon to Rally 15,000% Before Exchange Listing, SHIB and Bonk Crash
ABOUT US
We are building the most influential，trusted information platform for aglobal community engaged in thd transformation of the financial system andthe emerging crypto economy.PEPE is an integrated platform for media,events,data & indices for the next generation fo investing and the future of money.
Get in touch with the PEPE team at admin@pepecoinbuy.com