Peanut the Squirrel (PNUT) Price Shows Momentum, Faces $0.24 Resistance

The price of Peanut the Squirrel (PNUT), a Solana-based memecoin, has experienced a significant 20.8% surge in the past 24 hours. The coin now trades at $0.1758 after reaching a peak of $0.2300 on February 23rd, 2025. This rally started with a climb from $0.1300 to its peak before facing resistance at $0.2406. Following this setback, the price rebounded to $0.1735 today while maintaining strong support at $0.1600. 24-hour trading volume decreased by 22% to $144 billion, as the overall market cap rose to $2.95 trillion following a recent decline.