Follows Bitcoin closely
Over the last 30 days, PNUT's daily moves had a 0.75 correlation with Bitcoin (1 means identical direction). It usually follows Bitcoin, which is −4.8% today.
Bitcoin price →
why / pnut
Why is Peanut the Squirrel down today?
Peanut the Squirrel (PNUT) is down 6.6% in the last 24 hours, trading at $0.0392. It usually moves with Bitcoin, which is −4.8% today. Trading volume is running at 2.4× its 30-day average.
PNUT 24h−6.62%
Whole market 24h−4.12%
Bitcoin 24h−4.77%
Link to BTC (30d)0.75
Volume vs normal2.4×
Meme sector−5.69%
signals
What is moving Peanut the Squirrel
Strongest signals first.
Trading volume is 2.4× normal
At today's pace, PNUT trades about 2.4 times its 30-day average volume. Heavy volume means many traders are acting on the move, which makes it more meaningful.
The Meme sector is down
Peanut the Squirrel is part of the Meme sector, which is −5.7% today. PNUT is moving with its sector.
Meme sector →Doing worse than the market
The total crypto market is −4.1% in 24 hours. PNUT is −6.6%, 2.5% worse than the market, so part of the move is specific to Peanut the Squirrel.
Why is the crypto market moving? →Weak month
PNUT is −11% this week and −29% over 30 days, so today's move continues the monthly trend.
Market mood: Fear (30)
The Crypto Fear & Greed Index reads 30 out of 100, down from 51 yesterday. Sentiment is not extreme either way.
Fear & Greed Index →Liquidations, funding and open interest
See whether leveraged traders are being forced out of PNUT positions right now, on the chart, in the Blockdeck app.
See VIP layers →next
Keep exploring Peanut the Squirrel
faq
Questions
Why is Peanut the Squirrel down today?
Peanut the Squirrel (PNUT) is down 6.6% in the last 24 hours, trading at $0.0392. It usually moves with Bitcoin, which is −4.8% today. Trading volume is running at 2.4× its 30-day average.
Will Peanut the Squirrel go back up?
Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: PNUT is −11.04% over 7 days and −28.99% over 30 days. Check the live chart and the signals above, and never trade more than you can afford to lose.
How is this explanation made?
From measured market data, refreshed every few minutes: the whole market's move, PNUT's link to Bitcoin over 30 days, its sector, trading volume against its 30-day average, recent news, where the price sits in its range, and market sentiment. Nothing here is guessed or written by hand.
Explanations are built from market data and are not financial advice.