Elon Musk’s New Post Sends Meme Coin PNUT Pumping Again! 🚀
Elon Musk is back at it — and so is the meme coin he once boosted! After Musk mentioned the famous squirrel Peanut in a social media post, the Peanut the Squirrel (PNUT) coin jumped 13.5%, rising from $0.211 to $0.239.
In his post, Musk said: “They arrested (and killed) Peanut, but didn’t even charge anyone on the Epstein client list. The government is already corrupt.”
Right after this, PNUT’s price took off.
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⚡ Musk’s Influence Returns
This isn’t the first time PNUT has pumped after a tweet from Musk. When the coin launched in October, it shot up to a $120 million market cap after a Musk post. Many investors made big profits overnight.
Later, a whale bought 9,600 SOL worth around $1.56 million in PNUT, while the dev team sold their tokens for quick gains. That caused the market cap to crash from $120M down to $50M — showing how wild and risky meme coins can be.
But now, with Musk tweeting again, the hype around PNUT is back.