The cryptocurrency $PNUT is currently experiencing notable market activity, with a market capitalization of approximately $32.9 million, down from its all-time high of $40 million. Recent discussions among traders suggest a potential rebound, with key levels being monitored for signs of recovery. Some analysts have pointed out bullish trends, noting that the Simple Moving Averages (SMA) for both 200 and 20 periods on the 1-hour chart are rising. Additionally, $PNUT has seen a 20% increase over the past 24 hours. Upcoming exchange listings are anticipated, which could further influence its market trajectory. Despite the positive funding outlook, there remains caution among some traders regarding the recent downward trend in the asset's price.