The surge of this internet-famous Squirrel Coin $PNUT is simply a textbook case of meme coin speculation! I have long warned that the first sector to get hyped when the market warms up is the meme sector. Now this squirrel coin, with its heartwarming story, has suddenly exploded in popularity, all thanks to meticulously crafted emotional marketing.
The story goes back seven years when an engineer rescued a squirrel named Peanut that was hit by a car. By sharing cute photos on Instagram, he gained millions of followers. This year, the team directly brought this IP onto the Solana chain, launching a coin under the banner of "Commemorating Peanut, Protecting Animals." To be honest, this coin is technically just air, but they know how to tell a story! Every coin purchased is said to be "a tribute to Peanut's spirit," and they even created a "Squirrel Action Plan," effectively packaging coin speculation as a charitable endeavor.
Now this surge comes at the perfect time. The market has just warmed up, and funds are looking for places to go. Encountering this kind of story-driven, hot meme coin, why wouldn't they speculate heavily? The Solana chain itself is a stronghold for meme coins, and once the momentum builds, retail investors go wild. But we need to be clear: this kind of coin is purely driven by emotions. Today it can skyrocket due to a heartwarming story, but tomorrow it could crash to zero because of a big sell-off.
When playing with such coins, remember: you need to be quick with your hands and firm with your stop-loss. Don't be fooled by how high it has risen now; it could change face in the next second. Small investors can play around, but definitely don't get carried away. The speculation in meme coins is always about early birds feasting on profits while latecomers get beaten down. The hype is up now, but who knows how long it will last? Those looking to follow the trend should keep a close eye on the market, and if you make a profit, remember to run in time, or you might end up really doing charity for the squirrels!
