Elon Musk’s Response to Peanut the Squirrel Causes Surge in PNUT Meme Coin

Solana-based meme coin Peanut the Squirrel (PNUT) has witnessed a rare market surge.

The incident started when Mark Lengthy, the squirrel’s caretaker, reported that authorities had confiscated each the squirrel and a raccoon beneath his care. The next information of the animal’s demise sparked widespread outrage, with Musk notably commenting, “The federal government is a senseless and heartless killing machine.”

The token’s buying and selling quantity surged previous $300 million as its worth peaked at $0.14, although profit-taking has since pulled the market capitalization again to round $94 million, with the worth settling at $0.094.

This text incorporates hyperlinks to third-party web sites or different content material for data functions solely (“Third-Celebration Websites”). The Third-Celebration Websites should not beneath the management of CoinMarketCap, and CoinMarketCap is just not chargeable for the content material of any Third-Celebration Web site, together with with out limitation any hyperlink contained in a Third-Celebration Web site, or any adjustments or updates to a Third-Celebration Web site. CoinMarketCap is offering these hyperlinks to you solely as a comfort, and the inclusion of any hyperlink doesn’t indicate endorsement, approval or advice by CoinMarketCap of the web site or any affiliation with its operators.
This text is meant to be used and have to be used for informational functions solely. It is necessary to do your individual analysis and evaluation earlier than making any materials selections associated to any of the services or products described. This text is just not supposed as, and shall not be construed as, monetary recommendation.
The views and opinions expressed in this text are the writer’s [company’s] personal and don’t essentially replicate these of CoinMarketCap.