Discover the latest insights and key metrics for Peanut the Squirrel (PNUT), a popular meme-inspired cryptocurrency. This guide provides a detailed look at its price action, trading data, and technical indicators to help you stay informed.
Current PNUT Price and Market Status
As of the latest data, Peanut the Squirrel is trading at $0.2192**. The token has shown positive momentum recently, with a **+0.44%** increase over the past 24 hours and a **+0.94%** rise over the past week. Its market capitalization stands at approximately **$219.52 million, supported by a circulating supply of nearly 1 billion PNUT.
Key Market Statistics
Understanding market metrics is essential for evaluating any digital asset. Here’s a snapshot of PNUT’s current statistics:
- Fully Diluted Market Cap: $219.25 million
- 24-Hour Trading Range: $0.2088 - $0.2216
- Weekly Trading Range: $0.1935 - $0.2450
- 52-Week Range: $0.03154 - $2.44
- Circulating Supply: 999.85 million PNUT
Trading Platforms and Liquidity
Peanut the Squirrel (PNUT) is actively traded across multiple platforms. It is currently available through 25 trading pairs on 13 different exchanges. Leading the volume are prominent platforms, with Binance and MXC recording 24-hour trading volumes of $24.93 million and $7.18 million, respectively. This wide availability ensures good liquidity and access for traders.
Historical Price Performance
PNUT has experienced significant volatility over the past year, which is common among assets in the dynamic cryptocurrency market. Its price reached an all-time high of $2.44** in November 2024. Conversely, it also touched a low of **$0.03154 within the same month. This history highlights the importance of monitoring market trends and doing thorough research.
Technical Analysis Overview
Daily technical indicators can provide clues about potential market sentiment and short-term price movements for PNUT. It's important to remember that these indicators are just one tool and should not be used in isolation.
- The 14-day Relative Strength Index (RSI) is at 38.68, which is generally considered a neutral signal, suggesting a balance between buying and selling pressure.
- The Moving Average Convergence Divergence (MACD) is negative at -0.01811, also pointing to a neutral market stance.
- Other indicators, such as STOCH and Williams %R, suggest a "Buy" signal, while ADX and CCI lean towards "Sell." This mixed signal environment indicates a market that is still deciding on a clear direction.
Detailed Technical Indicators Table
Oscillators
| Name | Value | Action |
|---|---|---|
| RSI(14) | 38.68 | Neutral |
| STOCH(9,6) | 13.08 | Buy |
| STOCHRSI(14) | N/A | N/A |
| MACD(12,26) | -0.01811 | Neutral |
| ADX(14) | 17.82 | Sell |
| Williams %R | -90.67 | Buy |
| CCI(14) | -107.43 | Sell |
Moving Averages
| Name | Value | Action |
|---|---|---|
| SMA20 | 0.2515 | Sell |
| SMA50 | 0.2804 | N/A |
| SMA100 | 0.2217 | N/A |
| SMA200 | 0.3750 | N/A |
For those looking to dive deeper into on-chain metrics and real-time chart analysis, you can explore more advanced tracking tools.
Frequently Asked Questions
What is Peanut the Squirrel (PNUT)?
Peanut the Squirrel is a cryptocurrency token, often categorized with meme-inspired digital assets. Its value is driven by community support, market speculation, and its utility within its designated ecosystem.
Where can I buy Peanut the Squirrel tokens?
PNUT tokens are available on several cryptocurrency exchanges. You can purchase them using various trading pairs. Always ensure you are using a reputable and secure platform for your transactions and consider using a reliable wallet for storage.
What does a 'Neutral' RSI signal mean?
A Relative Strength Index (RSI) value around 38.68 suggests the asset is neither overbought nor oversold. It indicates a period of equilibrium or indecision in the market, where the forces of buying and selling are relatively balanced.
Why is historical price volatility important?
High volatility, as seen with PNUT's 52-week range, signifies greater price risk and potential opportunity. Understanding past performance helps investors gauge the asset's risk profile and set appropriate expectations for price swings.
How should I use technical indicators?
Technical indicators are best used as part of a broader analysis strategy. They help identify trends and potential entry or exit points but should be combined with fundamental analysis and market news for a more complete picture. To get a deeper analysis of market trends, many traders use specialized platforms.
Is PNUT a good investment?
All cryptocurrency investments carry risk. The value of meme coins like PNUT can be highly volatile and influenced by social media trends and community sentiment. It is crucial to conduct your own research, understand the project's fundamentals, and only invest what you can afford to lose.