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Reading: Peanut The Squirrel Value Pumps 10% On Coinbase Itemizing
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StockWaves > Blockchain > Peanut The Squirrel Value Pumps 10% On Coinbase Itemizing
Blockchain

Peanut The Squirrel Value Pumps 10% On Coinbase Itemizing

StockWaves By StockWaves Last updated: January 15, 2025 7 Min Read
Peanut The Squirrel Value Pumps 10% On Coinbase Itemizing
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Contents
Peanut The Squirrel Value Making an attempt To Breach ResistanceTechnicals Level To A Continued Enhance In The Peanut The Squirrel ValueGiving Buyers An Modern Approach To Achieve Publicity To Meme CashMEMEX Raises Over $2.3 Million In Presale – Greatest Crypto To Purchase Now?Associated Articles:

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The Peanut the Squirrel worth pumped over 10% within the final 24 hours to commerce at $0.6129 as of three:40 a.m. EST as merchants rush to purchase the meme coin.

This bounce within the PNUT worth comes after main US crypto trade Coinbase introduced that it added a USD buying and selling pair for the meme coin.

Coinbase will add assist for Peanut the Squirrel (PNUT) on the Solana community (SPL token). Don’t ship this asset over different networks or your funds could also be misplaced. Transfers for this asset can be found on @Coinbase & @CoinbaseExch within the areas the place buying and selling is supported.

— Coinbase Property 🛡️ (@CoinbaseAssets) January 13, 2025

Buying and selling for the crypto will start “on or after 9AM,” on Jan. 14, 2025, “if liquidity situations are met,” the trade mentioned in a Jan. 13 X thread.

Peanut The Squirrel Value Making an attempt To Breach Resistance

4-hour chart for PNUT/USD (Supply: GeckoTerminal)

The Peanut the Squirrel worth bounced off of the $0.4651 assist stage within the final 24 hours after which broke above the $0.5178 resistance. Now, the meme coin is making an attempt to flip the technical barrier at $0.6135 into assist. Ought to the altcoin shut a 4-hour candle above this threshold inside the subsequent 12 hours, it would climb to as excessive as $0.7045.

Alternatively, a rejection from the $0.6135 resistance stage within the subsequent 12 hours may result in a pullback within the Peanut the Squirrel worth. Merchants may then panic promote, which may push the meme coin worth again to the $0.5178 mark. In a particularly bearish situation, PNUT may even stand the danger of retesting the aforementioned $0.4651 assist stage.

Technicals Level To A Continued Enhance In The Peanut The Squirrel Value

From a technical perspective, indicators on the meme coin’s 4-hour chart recommend the Peanut the Squirrel worth may proceed to rise within the coming 24 hours. Each the Relative Power Index (RSI) and the Transferring Common Convergence Divergence (MACD) level to a continued enhance within the worth of PNUT.

The MACD line briefly crossed under the MACD Sign line, however has since recovered. Now, with the prior positioned above the latter, the hole between the 2 technical indicators is beginning to develop. This implies that PNUT’s bullish momentum is beginning to decide up steam.

In the meantime, RSI readings have risen within the final couple of hours. Merchants typically see rising RSI values as an indication of rising purchaser power. This corroborates the bullishness proven by the MACD indicator.

If these technical indicators affect merchants’ choice making within the brief time period, the Peanut the Squirrel worth may quickly flip the $0.6135 mark into assist.

As PNUT tries to beat resistance, buyers are piling into a brand new meme coin presale by the identify of Meme Index (MEMEX) to develop their crypto portfolios.

A number of specialists have stepped ahead to share their bullish predictions for MEMEX. Amongst them is common crypto analyst and YouTuber ClayBro, with over 135K subscribers, who says Meme Index may obtain 26X progress within the anticipated meme coin supercycle.

Giving Buyers An Modern Approach To Achieve Publicity To Meme Cash

Meme Index is a pioneering challenge that makes it simpler for buyers to achieve publicity to the highly-speculative and booming meme coin market. Central to the challenge are 4 distinctive funding baskets, which cater to buyers of various danger appetites. 

These baskets embrace the Meme Titan basket, the Meme Moonshot basket, the Meme Midcap basket and the Meme Frenzy basket. Every of those funding merchandise gives a distinct risk-reward profile. By this diversified construction, buyers are capable of stability danger whereas additionally positioning themselves within the lighthearted sector of the crypto market.

What’s extra, every of the hampers gives buyers the power to put money into multiple meme coin, which may doubtlessly show to be much less dangerous than if an investor have been to go all in on one challenge.

These baskets are additionally adjusted on a frequent foundation, with MEMEX holders having the chance to say which tokens must be added or faraway from the challenge’s baskets. 

MEMEX Raises Over $2.3 Million In Presale – Greatest Crypto To Purchase Now?

Meme Index has already raised greater than $2.3 million via its ongoing presale, signaling robust investor confidence within the challenge’s future. With the chance to put money into a number of meme cash without delay, mixed with the bullish predictions from specialists reminiscent of ClayBro, it’s no marvel a shopping for frenzy has erupted across the new meme coin.

Anybody that desires to get in on the bottom levels of the challenge can accomplish that by buying MEMEX via the straightforward purchase widget embedded on the challenge’s web site. Promoting for $0.0152243, MEMEX might be purchased with both ETH, USDT or financial institution card.

As soon as bought, buyers even have the chance to earn excessive passive crypto rewards via the challenge’s staking initiative. Anybody who buys and locks up MEMEX now will unlock entry to an enormous 979% APY.

Purchase earlier than a worth hike in lower than 2 days to lock in the very best deal.

Go to MEMEX right here.

Associated Articles:

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