The post PNUT pumps 11% as bullish momentum returns; expert says this meme coin will explode next appeared on BitcoinEthereumNews.com.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Peanut the Squirrel surges with the crypto market, but analysts see FreeDum Fighters offering bigger gains as presale ends. Peanut the Squirrel is back on the rise as the crypto market regains its bullish momentum.  However, analysts are predicting that new meme coin FreeDum Fighters could provide bigger gains as its presale draws to a close. Traders say more gains to come for PNUT Peanut the Squirrel has just hit $1.21, pumping 11% to reach its highest price since Monday.  It currently has a $1.1 billion market cap and a $1.3 billion 24-hour trading volume. After a cool-down period following its explosive post-election gains, PNUT has begun to create a strong support, and analysts anticipate it’s almost time for the next bullish rally. ZAYK Charts notes that the recent uptick has pushed PNUT to break above a falling wedge chart pattern. This is a bullish sign for the project, and the analyst predicts a rally toward $2.2 will follow. However, others anticipate even bigger gains for the project. Team Lambo Charts suggests that PNUT will hit $5, giving it a bigger market cap than Bonk and Dogwifhat. A political rallying cry that made crypto millionaires  Peanut the Squirrel gained notoriety after an internet-famous pet squirrel was confiscated and euthanized by New York authorities.  The act was seen as a major government overreach, and it occurred during the final innings of the US election. Trump’s “small government” policies made this somewhat of a rallying cry in his campaign, with Elon Musk imploring US citizens to “vote for Peanut.” Vote For PNut!For Liberty!For Freedom! — Elon Musk (@elonmusk) November 4, 2024 Later, Musk retrospected that “America was saved by a squirrel…

---

Filed under: News - @ November 29, 2024 5:30 pm