KEY TAKEAWAYS
The PNUT memecoin is named after the Instagram star Peanut the Squirrel, who was killed in 2024.
The Solana-based token pumped after a swathe of exchange listings, pushing its market cap to nearly $2 billion.
However, PNUT fell in 2025 as the memecoin sector cooled down.
Our PNUT price prediction says the memecoin could sink to around $0.36 at some point soon.
It was, perhaps, inevitable that, following outrage after Instagram star Peanut the Squirrel was euthanized with suspected rabies, someone would turn the dead rodent into a memecoin. So, in early November 2024, PNUT came out based on the Solana (SOL) blockchain.
However, what could have been yet another here-today, gone-tomorrow memecoin turned into something quite remarkable. A series of major exchange listings saw it firmly enter the crypto consciousness and the top 60 cryptos, with a market cap a little shy of $2 billion less than a fortnight after launch.
In the early hours of Nov. 14, 2024, PNUT was at an all-time high of $2.47. After that, though, it fell and, on Jan. 13 2025 it was worth about $0.5185.
Let’s look at our PNUT price predictions, made on Jan. 13 2025. We will also examine the PNUT price history and talk a little about what PNUT is and what it does.
PNUT Price Prediction
Since the PNUT price only has data going back to November 2024, we determined that making a price prediction several years in advance would be highly inaccurate. This will, however, change once more data is available.
However, the PNUT price prediction for the next 24 hours is bearish. The price is likely to fall toward the channel’s support trend line at $0.37.
PNUT Price Analysis
The four-hour PNUT chart shows that the price has completed a five-wave increase since its launch. The upward movement culminated with a new all-time high of $2.50 on Nov. 14, 2024.
The PNUT price has corrected since, trading inside a descending parallel channel.
On Jan. 13 2025, the PNUT price fell below the channel’s midline while the RSI declined below 50.
So, the most likely future outlook is a decline toward the channel’s support trend line and the horizontal support at $0.36.
PNUT Average True Range (ATR): PNUT Volatility
The Average True Range (ATR) measures market volatility by averaging the largest of three values: the current high minus the current low, the absolute value of the current high minus the previous close, and the absolute value of the current low minus the previous close over a period, typically 14 days.
A rising ATR indicates increasing volatility, while a falling ATR indicates decreasing volatility. Since ATR values can be higher for higher-priced assets, normalize ATR by dividing it by the asset price to compare volatility across different price levels.
On Jan. 13 2025, PNUT’s ATR was 0.0282, suggesting relatively low volatility.
PNUT Relative Strength Index (RSI): Is PNUT Overbought or Oversold?
The Relative Strength Index (RSI) is a momentum indicator traders use to determine whether an asset is overbought or oversold. Movements above 70 and below 30 show over and undervaluation, respectively. Movements above and below the 50 line also indicate if the trend is bullish or bearish.
On Dec. 13 2025, the PNUT RSI was 36, indicating bearish conditions.
PNUT Price Performance Comparisons
PNUT is a Solana-based memecoin, so let’s compare it to some similar tokens.
| Current price | One Month Ago | Change | |
|---|---|---|---|
| PNUT | $0.5185 | $1.27 | -59.1% |
| BONK | $0.000025 | $0.00004029 | -37.9% |
| POPCAT | $0.517 | $1.26 | -58.9% |
| WIF | $1.40 | $2.99 | -53.1% |
PNUT Price History
Here are some key dates in the admittedly short PNUT price history. Although past performance is never any indicator of future results, knowing what the token has done since it came out can help give us some much-needed context when it comes to making or interpreting a PNUT price prediction.
| Time period | PNUT price |
|---|---|
| Last week (Jan. 6 2024) | $0.159 |
| Last month (Dec. 13 2024) | $1.27 |
| Launch price (Nov. 4, 2024) | $0.03128 |
| All-time high (Nov. 4, 2024) | $2.47 |
| All-time low (Oct. 31 2024) | $0.00001498 |
PNUT Market Cap
Market capitalization, or market cap, is the sum of the total number of PNUT in circulation multiplied by its price.
On Jan. 13 2025, PNUT’s market cap was about $510 million, making it the 138th-largest crypto by that metric.
PNUT Supply and Distribution
| Peanut Supply and Distribution | Figures |
|---|---|
| Total supply | 999,854,339 |
| Circulating supply (as of Jan. 13 2025) | 999,854,339 (100% of total supply) |
What is PNUT?
PNUT is a speculative memecoin based on the Solana blockchain. Named in honor of the squirrel Instagram star that was euthanized by the New York Department of Environmental Services in November 2024, it has no use cases.
How PNUT Works
People can hold PNUT in the hope that its value will go up. Meanwhile, people can buy, sell, and trade it on exchanges.
Is PNUT a Good Investment?
It is difficult to say. While PNUT did very well in November, the story of Peanut the Squirrel will have a limited shelf life. Not only that, but memecoins have been down lately. The lack of any technical documentation or whitepaper explaining what PNUT is or what it does could put more serious investors off.
Will PNUT Go Up or Down?
No one can really tell right now. While the PNUT crypto price predictions are broadly positive, price predictions have a well-earned reputation for being wrong. Keep in mind that prices can and do go down and up.
Should I Invest in PNUT?
Before you decide whether or not to invest in PNUT, you will have to do your own research, not only on PNUT but other related coins and tokens such as Dogecoin (DOGE). Either way, you must also ensure you never invest more money than you can afford to lose.
