‘Peanut’ the squirrel is lifeless, however the meme coin named after him remains to be mooning.
A late-night put up from technocrat Elon Musk slamming U.S. authorities for euthanizing the viral squirrel whereas failing to cost anybody from Jeffrey Epstein’s alleged consumer listing preceded a quantity and worth spike, information reveals, displaying speculative fervor is alive and nicely out there.
(The “Epstein listing” refers to high-profile people allegedly linked to Jeffrey Epstein’s intercourse trafficking community. No official, verified public listing exists.)
“Authorities is deeply damaged,” Musk wrote. “They arrested (and killed) Peanut, however haven’t even tried to file expenses towards anybody on the Epstein consumer listing.”
Inside minutes, Solana-based meme token PNUT spiked over 10% as merchants piled in on the name-drop.
PNUT, which has no affiliation with the precise squirrel or Musk, noticed buying and selling volumes surge over 120% from $65 million to $214 million in a 24-hour interval, in line with CoinGecko. The token’s worth briefly touched 23 cents earlier than cooling.
With no protocol, no utility, and no roadmap, PNUT trades purely on cultural resonance and reflexive hypothesis. That makes it a favourite for momentum hunters, and a token to look at for when controversial subjects do the rounds — no less than on Musk’s X.
Learn extra: Elon Musk Says America Party Will Embrace BTC as ‘Fiat Is Hopeless’