Pnut

Digital asset markets are once again talking about the #ElonMusk effect. After Tesla and SpaceX CEO Elon Musk made a harsh post on the social media platform X (formerly Twitter), the meme coin called #peanut the Squirrel ($PNUT ) gained 13.5% in a short time.
The squirrel named “Peanut”, who became a social media phenomenon, returned to the stage this time with an Elon Musk tweet full of political references. Then, there was a small “pump” in the meme coin market.
🗣️ Striking Statement from Musk: “They Arrested Peanut, But Didn’t Touch Epstein Clients”
Elon Musk used the following statements in his post from his X account:
“They arrested (and killed) Peanut, but they didn’t even charge anyone on Epstein’s client list. The state is already corrupt.”
While this post included harsh reactions both socially and politically, it had a completely different effect on the crypto markets. PNUT Coin, which had been silent for a long time, suddenly skyrocketed and experienced a 13.5% jump from $ 0.211 to $ 0.239.
📈 PNUT History: A Meme Coin That Came to Life with Musk's Tweets
Peanut the Squirrel (#Pnut ) was first launched in October 2024. However, the coin's fame came thanks to Musk's humorous posts at the time. Humorous posts made through the "Peanut" character and squirrel-themed memes spread on X enabled the coin to reach a market value of $ 120 million in a short time.
🎯 Whale Entry and Volatility
A large investor movement that took place during that period in particular attracted attention. A whale purchased a large amount of PNUT for 9,600 SOL (approximately $ 1.56 million). However, the developer of the project realized his profit by selling all his assets in a short time, which brought about a sharp decline in price. PNUT's market value dropped from $ 120 million to $ 50 million in a short time.
🧠 Musk Effect: Ignites the Market with a Tweet
Elon Musk's influence on the cryptocurrency market is now an indisputable fact. DOGE, FLOKI, GROK and now PNUT... Musk can cause movements of millions of dollars with just a few words of post. This situation is called "Elon Pump" or "Musk effect" in the crypto market.
Today's PNUT rise is also a classic example of this phenomenon. While the coin's social media interest has increased again, communities have started to reposition themselves in order not to miss this opportunity.
🔍 What Happens Next?
The following headlines stand out for PNUT in the short term:
Social media interaction has increased again. PNUT groups have become active again on X, Reddit and Telegram.
The $0.240 resistance is critical in terms of technical analysis. If it is broken, a new “hype wave” may be triggered.
However, the whale movements and developer sales in the coin’s past force investors to be cautious.
🧨 Result: A Squirrel Changed Everything Again!
Peanut the Squirrel is not just a cute meme character… Thanks to Elon Musk’s post, he has come back to the crypto agenda and entered the radar of investors. This short-term rise of PNUT Coin showed that Musk’s influence on the crypto market is still strong.
However, considering the sudden collapses and speculative movements in the past, it is very important for investors to act carefully and strategically.
#TrumpTariffs #AltcoinETFsWatch

Once again, Elon Musk has shaken up the crypto markets—this time with a viral meme criticizing the justice system’s inaction regarding Jeffrey Epstein’s client list. Although he didn’t directly mention any token, traders quickly connected the dots: Solana-based meme coin PNUT surged over 10% in just 24 hours.

“They arrested Peanut but not Epstein’s clients” — PNUT Spikes
In a Tuesday post on X, Musk shared a meme suggesting that more animals than Epstein-linked individuals had been arrested. He wrote:
“They arrested (and killed) Peanut, but didn’t even try to charge anyone from Epstein’s client list. The government is profoundly broken.”
Though Musk referenced a fictional squirrel named Peanut for satire, crypto traders interpreted the post as a wink toward the Solana meme coin PNUT. Within hours, the token’s price jumped to $0.2357, up more than 10% in a single day.

Its trading volume surged 80%, topping $214 million, with a market cap of $223 million.

Musk Has a History of Moving Meme Coins
This is far from the first time Musk’s posts have sent crypto assets soaring:
🔹 Floki Inu (ETH) jumped 418% after Musk posted a photo of his dog “Floki” in 2023.

🔹 Dogecoin surged over 20% in 2021 following his tweet: “Dogefather SNL May 8.”

🔹 The meme coin Kekius Maximus skyrocketed 900% when Musk briefly changed his X handle to “Kekius Maximus” and used a profile pic of Pepe the Frog in Roman armor.

🔹 In January 2021, Musk added #bitcoin to his X profile. Shortly after, Bitcoin’s price rose from $32,000 to $38,000, adding over $111 billion in market cap.
Clearly, even Musk’s humorous or satirical posts can spark major moves in crypto.

Musk Launches the ‘American Party’
Beyond memes and markets, Musk is making political waves. Following a public clash with Donald Trump over the “Big Beautiful Bill,” he unveiled plans to create a new political movement: the American Party.
Billed as tech-forward, fiscally responsible, eco-conscious, and politically centrist, the party aims to appeal to both Democrats and Republicans disillusioned with the two-party system.
Experts, however, caution that building a viable third party in the U.S. requires massive funding, state-level networks, and long-term dedication. Still, former Republican Congressman David Jolly believes Musk might just pull it off.

“The biggest challenge is having resources—and Musk clearly has them,” said Jolly.

#ElonMusk , #Pnut , #solana , #memecoin , #CryptoMarket

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