PNUT Price Outlook: PNUT Pumps Over 800%, Is There Still Time to Get In or Could STARS Provide Bigger Gains?
A squirrel-themed meme coin is blowing up on Solana.
Peanut the Squirrel (PNUT) has surged over 800% in the past week, making it one of the top gainers in that timeframe.
But while PNUT holders are enjoying their gains, a new coin called Crypto All-Stars (STARS) is also gaining traction.
Can STARS outpace PNUT once it hits exchanges?
PNUTs Explosive Rise From Squirrel Tribute to Meme Coin Sensation
PNUTs wild rise is hard to believe.
Launched just two weeks ago as a tribute to an internet-famous squirrel whose tragic story sparked outrage, this Solana-based coin has quickly become a hot topic.
The numbers are impressive.
PNUT has shot up to $0.442, with a market cap now over $442 million.
Trading volumes are off the charts over $1.1 billion worth of PNUT has changed hands in the past 24 hours, a 78% jump from the day before.
And investors are piling in, with more than 45,000 holders worldwide.
Big exchange listings have only added to the momentum.
After getting listed on Binance and OKX, PNUTs price spiked almost instantly, thanks to the increased accessibility.
Now, traders are wondering just how high this coin could rise.
@moneyl0rd on Twitter believes PNUT will hit a market cap of between $10 billion and $20 billion in the next 30-40 days.
That would make it the third-biggest meme coin in the world.
Is There Still Room to Run? Why PNUT Might Just Be Getting Started
Does PNUT still have room to run?
If you zoom out, this squirrel-themed token might just be getting started.
Compared to meme coin giants like PEPE and WIF, PNUT is still extremely small.
And its technicals point to further growth a higher low is forming on the one-hour chart, which usually signals that the bulls are in control.
If PNUT does experience another boost, a potential target, based on the size of its previous impulse, could be $0.611.
That would mean a 41% jump from where PNUT is right now.
However, some big names think theres even more upside ahead.
Popular trader @0xsushi stirred things up by predicting that PNUT could actually overtake PEPE during this bull run.
Thats a bold call.
But with all the momentum top CEX listings, a growing holder base, and a topical mascot its hard to ignore PNUTs potential.
Could Crypto All-Stars Post Higher Gains Than PNUT? High-APY Staking Coin Raises $3.3M in Presale
PNUT isnt the only meme coin exploding right now.
Crypto All-Stars is also gaining traction and is building something that could change the meme coin space for good.
The projects main feature is the MemeVault.
This feature tackles one of cryptos most prominent issues: the lack of utility for meme coins.
Think of MemeVault as a go-to spot for meme coin staking.
If you have some DOGE, PEPE, SHIB, or FLOKI lying around, you can stake your coins in the MemeVault rather than just keep them in your wallet.
Youll earn STARS tokens in return.
Currently, Crypto All-Stars offers APYs of 469%, which is far higher than most staking apps provide.
However, Crypto All-Stars is still in its presale phase, meaning the STARS token isnt yet tradable on exchanges.
The presale has already raised over $3.4 million in early funding.
STARS tokens are on offer for just $0.0015618 each, although that price will rise in less than three days when the next presale stage begins.
Crypto analyst ClayBro even believes it could explode once STARS hits the open market.
While PNUT might be getting all the attention right now, Crypto All-Stars is laying down infrastructure that could outlast many meme coin trends.
For those hunting a low-cap play with major potential, STARS is one to watch.
Visit Crypto All-Stars Presale
Disclaimer: The above article is sponsored content; its written by a third party. CryptoPotato doesnt endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.
Readers are also advised to read CryptoPotatos full disclaimer.
The post PNUT Price Outlook: PNUT Pumps Over 800%, Is There Still Time to Get In or Could STARS Provide Bigger Gains? appeared first on CryptoPotato.
Text source: CryptoPotato
