PNUT has risen by 79% today. At different stages of development, there are different market logics and factors that drive its rise.
In the first stage, when the market value of PNUT was 5 million, because the official Twitter account of Dogecoin spoke out, the market was optimistic about its prospects and thought it would rise to 50 million, and then investors began to buy it.
In the second stage, when the market value rose to 20 million, Musk tweeted to help, and the market felt that it had hope of hitting the goal of 100 million, and investors continued to enter the market.
In the third stage, after Binance launched PNUT spot, its market value reached 200 million to 300 million. Investors felt that it was promising to hit the goal of 500 million, so they continued to buy.
In the fourth stage, when the market value of PNUT reached 500 million, Musk came out to help again and gave it the mission of "saving America". The market generally felt that the 3B goal would be achieved soon, and investors continued to increase their positions.
Total PNUT has a unique story and logic in each rising stage, and different participants and funds have made money in the process.
