Deep Dive
1. Post-Listing Profit-Taking (Bearish Impact)
Overview:
PNUT was listed on Robinhood Advanced Trading on August 5, 2025, but fell 4.77% that day despite increased volume. Historically, meme coins often see “sell the news” reactions after exchange listings.
What this means:
The muted response suggests limited fresh capital inflow post-listing. Traders likely sold into the liquidity event, as seen in similar tokens like BONK and PENGU, which also declined after Robinhood listings.
What to look out for:
Sustained volume above $65M/day could signal renewed interest; current 24h volume sits at $64.9M (-10% from August 5).
2. Pump.fun Liquidity Concerns (Mixed Impact)
Overview:
Pump.fun, a Solana memecoin launchpad linked to PNUT’s ecosystem, saw daily revenue drop 97% from its January 2025 peak. Its new Glass Full Foundation aims to stabilize tokens like PNUT with liquidity injections.
What this means:
While liquidity support could reduce volatility long-term, the initiative’s vague criteria and Pump.fun’s declining dominance against rival LetsBonk.fun have raised skepticism about execution risks.
3. Technical Weakness (Bearish Impact)
Overview:
PNUT trades below all key moving averages (7-day: $0.241, 30-day: $0.226) with RSI at 31.21 (oversold). The MACD histogram turned negative, confirming bearish momentum.
What this means:
The lack of support from moving averages leaves $0.188 (Fibonacci 78.6% retracement) as the next critical floor. A break below could accelerate selling.
Conclusion
PNUT’s dip reflects fading hype from recent listings, ecosystem uncertainties, and deteriorating technicals. While oversold conditions might invite short-term bounces, reclaiming $0.234 (50-day SMA) is critical for trend reversal.
Key watch: Can Pump.fun’s liquidity injections stabilize PNUT’s price, or will competition from LetsBonk.fun deepen selloffs?