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Peanut the Squirrel has dropped 22% this month, making holders uneasy, although technical signs suggest a rebound might be coming soon.
As the market stays uncertain, many investors are turning their attention to Best Wallet. This new Web3 wallet offers features similar to popular ones but adds its own unique tools.
Its token, $BEST, is already gaining strong support, with over $11.5 million raised in its presale—showing that many believe in its future potential.
Peanut the Squirrel’s (PNUT) Price Analysis and Price Prediction
$PNUT, once a top-performing meme coin with a market cap reaching $2 billion, is currently under significant bearish pressure.
Source – Cryptonews YouTube Channel
Over the past month, the token has declined by 22%, with a 7-day drop of 13%, indicating a continued downtrend. Although the price saw a slight uptick in the last 24 hours, the overall outlook remains cautious for holders.
Earlier today, $PNUT approached a critical support level at $0.1335—untested since February 2025. If this support holds, it could offer a short-term recovery opportunity. However, if it breaks, further downside is likely, as there is minimal support beneath this level.
A descending triangle pattern is forming on the 4-hour chart, signaling a potential continuation of the current downtrend.
However, past interactions with the volume-weighted ATR band suggest that $PNUT could rebound by 10% to 30%. If momentum shifts, a 37% rise is within the realm of possibility.
The token’s widespread exchange listings contribute to a high concentration of supply held by centralized platforms, which may lead to sell-offs if market sentiment weakens further.
Traders are closely monitoring the support level and descending triangle pattern for clues on the next move. A breakdown of the support could lead to further losses, while a breakout could signal a short-term reversal.
For now, $PNUT remains in a “neutral” zone, with market sentiment and technical indicators determining whether it will recover or continue its downward trajectory.
As $PNUT’s price hovers in a neutral zone, investors are increasingly looking toward new opportunities, with Best Wallet emerging as a key player in the Web3 space.
Best Wallet (BEST) – Top Crypto Wallet Options for Secure Cryptocurrency Investments
Best Wallet is positioning itself as a next-generation Web3 wallet, offering similar functionality to MetaMask and Phantom but introducing unique features that extend its use far beyond traditional crypto storage.
Backed by a growing ecosystem and early funding success, the project has raised $11.5 million through its ongoing token presale.
What sets Best Wallet apart is its integration of contactless payments directly within the mobile app. Users can access their Web3 wallet on their phones and make cryptocurrency purchases in a manner akin to Visa or Mastercard transactions.
This seamless payment functionality allows crypto holders to spend their assets instantly via contactless methods, merging Web3 technology with real-world financial applications.
The presale of the Best Wallet token aims to support this payment-focused ecosystem, drive adoption, and expand its utility.
The app has already gained significant traction, with over 100,000 users and a 4.5-star rating on both the Google Play Store and Apple App Store—indicative of strong user engagement and early community support.
Many have drawn comparisons between Best Wallet and past success stories like Jupiter DEX, which launched with similar user metrics and saw its token rise from a $20 million market cap to $2 billion within days.
With an existing user base, operational utility, and committed development, Best Wallet is emerging as a high-potential opportunity in the Web3 payment space.
As the presale progresses, the project continues to attract significant attention, with investors eager to gain exposure to real-use-case crypto assets.
Their X account has already garnered over 62k followers, where they consistently provide updates on the latest developments and upcoming live token launches. The team remains committed to transparency, regularly sharing news on the project’s progress.
Source – Best Wallet Twitter
In addition to these updates, reviewing the crypto whitepaper is essential for understanding the project in depth. A whitepaper outlines the project’s purpose, how it works, and the problem it aims to solve.
It typically covers the project’s goals, technology, tokenomics, roadmap, and the team’s background.
Whitepapers are an invaluable resource for understanding a project beyond its marketing and enable investors to assess critical factors like the problem and solution, tokenomics, milestones, and the team’s expertise.
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