PNUT Token Surges 12.93% on Binance as Whale Accumulation Drives Massive Trading Volume

PNUTUSDT saw a sharp price increase of 12.93% in the past 24 hours, rising from $0.0704 to $0.0795 on Binance, driven primarily by significant whale accumulation and heightened market activity as reflected in the surge in trading volume (Binance: 98.61 million PNUT, 7.65 million USDT). Recent short liquidations at price levels of $0.0736 and $0.07419 contributed to increased liquidity and volatility, while on-chain data highlighted strategic purchases near support levels. Fading social media hype has shifted market sentiment from speculative momentum to cautious consolidation, with technical analysts focusing on key support at $0.07 and resistance at $0.072. PNUT remains actively traded across major exchanges, with a current market capitalization between $72 million and $80 million and total circulating supply of 999.84 million. The token continues to attract attention due to meme coin dynamics and sustained trading interest on the Solana blockchain.