Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Incentivised Posting / Shill => Topic started by: elhamzee1 on November 07, 2024, 09:22:25 PM
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Who would've thought a story about a squirrel could send a memecoin to the moon? Elon Musk tweeted about it and the price exploded! It's wild how quickly things can change in crypto.
The story of Peanut the Squirrel, controversially seized and euthanized by authorities, captured the internet's heart, leading to $PNUT's creation on the Solana blockchain. Elon Musk's mention of the event on social media acted like fuel to a fire, propelling $PNUT's market cap to astronomical heights in mere days.
What do you guys think? Is the $PNUT hype real, or just another pump and dump?
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What do you guys think? Is the $PNUT hype real, or just another pump and dump?
To be honest, $PNUT at this time is just another hyped memecoin and of course we can expect it to be subjected to the usual pump and dump phase...and it remains to be seen whether this $PNUT can survive this initial phase or just die a natural death along the way. The hype phase is just natural to happen in order for the project to gain more following and support...what can happen after can be more critical. I can see that there can be many to make big MONEY with $PNUT and one has to be careful not to HODL a lot for some time as we can never know when the price will crash big time. Good luck to its holders and may everyone be making the big bucks that they can spend for the coming holidays.
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What do you guys think? Is the $PNUT hype real, or just another pump and dump?
Even if Musk shills this meme I still consider this as a pump and dump coin. Yes, we do have some memes that stay on the market and doing still doing well because of the attachment of the community to these memes, but we cannot say that all memes that come along will become real hype and will stay on, my rough estimate 100 of new meme only 2 or 3 will have potential, making memes a gambling that a wise investment.