PNUT Faces 36 Drop, Risks Returning to All-Time Lows
Peanut the Squirrel (PNUT), a meme coin on the Solana blockchain, has experienced a significant decline, shedding 36% over the past week. Currently trading at $1.09, PNUT is under pressure as the excitement around meme coins fades. The volatility associated with such tokens poses risks for investors and traders. As PNUT approaches levels last seen at its launch, stakeholders should be cautious. Understanding market sentiment is key to navigating the fluctuations and making informed investment decisions in the meme coin space.
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