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The Peanut The Squirrel value soared over 20% within the final 24 hours to commerce at $1.27 as of 9:55 p.m. EST as buyers rush to purchase the meme coin.
This surge within the PNUT value comes after main US crypto change Coinbase introduced that it had added the crypto to its listings roadmap.
Property added to the roadmap at the moment: Peanut the Squirrel (PNUT)https://t.co/rRB9d3hSr2
— Coinbase Property 🛡️ (@CoinbaseAssets) December 11, 2024
Peanut The Squirrel Value Loses The $1.3172 Assist
4-hour chart for PNUT/USD (Supply: GeckoTerminal)
The Peanut The Squirrel value dropped beneath the $1.3172 help within the final 24 hours, in keeping with information from GeckoTerminal. Now, the meme coin stands the chance of correcting all the way down to the next technical security web at $1.1431. Persistent bearish stress ought to the crypto fall so far may then result in a drop all the way in which all the way down to $0.9600.
Nevertheless, this bearish transfer won’t occur if the Peanut The Squirrel value manages to reclaim the $1.3172 help throughout the subsequent 12 hours. On this different situation, the meme coin may try to flip the resistance stage at $1.4824 into help.
Technicals Counsel The Peanut The Squirrel Value May Drop
From a technical perspective, indicators on PNUT’s 4-hour chart warn the meme coin is shedding its bullish momentum from the latest rally. Relative Power Index (RSI) readings have began to drop in the previous few hours, which is commonly interpreted as an indication of weakening purchaser energy. What’s extra, the destructive slope of the RSI line warns the indicator’s values may hold falling.
The Transferring Common Convergence Divergence (MACD) line has began to break down towards the MACD Sign line within the final couple of hours as effectively. Merchants may see this as an early indication of an impending bearish development reversal. If the MACD line crosses beneath the MACD Sign line, it may counsel that the Peanut The Squirrel value is in a bearish development.
As PNUT stands the chance of dropping within the subsequent 24 hours, merchants are speeding to purchase the brand new meme coin rival Crypto All-Stars (STARS) earlier than it lists in simply 8 days.
A Multi-Meme Coin Staking Resolution
Crypto All-Stars (STARS) is in contrast to the entire different meme coin initiatives that got here earlier than it. As an alternative of relying solely on group and hype to achieve traction, the crypto goals to make a reputation for itself by means of its excessive ranges of utility which are achieved by its progressive staking platform.
This staking answer comes with help for a few of the largest meme cash at present available in the market. Obtainable staking choices embrace DOGE, SHIB, PEPECOIN, FLOKI, BRETT, MOG, LADYS, TOSHI, COQ, BONK, and TURBO. By supporting all of those tokens, Crypto All-Stars is ready to leverage their model consciousness to develop its personal publicity available in the market.
What’s attracting buyers to Crypto All-Stars is the flexibility to place their holdings in a number of tokens to work in a single place. Assist for much more property will probably be added within the coming months as effectively.
By staking any of the supported cryptos, buyers will begin to earn passive rewards which are paid out in STARS, which will also be locked up on the Crypto All-Stars platform. Anybody who stakes STARS now will acquire entry to an enormous 198% annual yield.
YouTuber ClayBro informed his greater than 130K subscribers in a latest video that STARS may soar 10X after its launch. Traders who stake STARS now may develop a sizeable place within the meme coin earlier than the anticipated surge occurs.
Time Is Operating Out For Traders To Purchase STARS Throughout Presale
Traders are speeding to purchase STARS throughout its presale, which has raised over $12.8 million up to now. With simply over 8 days left till the ICO ends, time is operating out for buyers to get in on the bottom ground stage of the meme coin.
At the moment promoting for $0.0016782, STARS will be purchased with both ETH, USDT, BNB, FLOKI, SHIB, PEPE, DOGE or financial institution card.
As soon as bought, the STARS tokens will be put to work instantly through the staking web page on the web site for the 198% annual staking yield that’s at present on provide.
Buy and stake STARS right here earlier than its presale ends.
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