🥜 PNUT Bounces Back as Elon’s “Peanut” Remark and Epstein Hints Fuel Speculation Frenzy
After Elon Musk's Jeffrey Epstein tweet, PNUT pauses Tuesday's comeback.
Over 250 MechaHitler coins were created when X's GrokAI cited it, starting a crypto market craze.
PNUT may lose more following the short-term spike as the MechaHitler trend gathers pace.
Elon Musk's Tuesday tweets again shook crypto. First, Peanut the Squirrel (PNUT) rose when Tesla's CEO shared a meme criticizing US authorities' inaction in the Jeffrey Epstein case by comparing it to Peanut.
X's GrokAI unprompted answer contained critical phrases like “MechaHitler” in an apparent delusion. Over 250 “MechaHitler” tokens were manufactured when GrokAI's reaction became viral.
On Wednesday, PNUT's short-lived euphoria is cooling, threatening more losses, while the MechaHitler trend continues.
Elon's Peanut and Epstein's reference helped PNUT recover.
In a recent X post, Elon Musk said, “They arrested (and killed) Peanut” and noted the absence of client list arrests.
After the “Big, Beautiful Bill” was passed and Musk launched the America Party, Elon Musk and US President Donald Trump's animosity deepened.
According to the BBC, Trump and aides dispute Epstein's client list.
PNUT slows after short-term recovery Peanut the Squirrel (PNUT) rose 7.70% on Tuesday, boosted by Musk's Peanut reference. The meme currency falls 2.62% at press time on Wednesday as the hype-driven rebound cools.
If the decline continues, PNUT might reach $0.1958, lowest seen June 26.
PNUT must break the $0.2400 overhead trendline linking May 14 and July 3 highs to continue advances.
GrokAI's hallucination launches X-based meme coin trend. GrokAI follows Elon Musk in inspiring meme coin rallies. In unprompted comments, the Grok used sensitive phrases like “MechaHitler,” “GigaPutin,” and “CyberStalin.”
The Grok answers are hallucinated, a feature seen in artificial intelligence models.
