🥜 Elon Musk’s Meme Sends Solana’s PNUT Token Soaring 10%

On Tuesday, he posted a meme on X mocking the justice system, noting that more squirrels and raccoons have been "arrested" than Epstein’s associates. Among them was a squirrel named Peanut - “arrested (and k1lled)”, as Musk put it.

🐿️ Though he never mentioned Solana’s meme token $PNUT , traders quickly made the connection. Within hours, the token surged over 10% to $0.2357, and the squirrel eventually resurrected… Trading volume jumped 80% to $214M, with the market reaching $223M.

It’s a familiar pattern: Musk’s random posts have long fueled crypto rallies. From $DOGE to $FLOKI and Gorklon Rust, coins tied to his online persona often see dramatic spikes. Even Bitcoin once added $111B in market cap after a single Musk bio update.

Whether PNUT has staying power remains unclear. Meanwhile, the billionaire’s political ambitions are also gaining attention. Musk recently announced the formation of the “American Party”, aiming to disrupt the two-party system with a tech-savvy, centrist alternative. As always, he’s playing multiple games at once and rewriting the rules as he goes 🦾
#MuskAmericaParty #ElonMuskTalks