The legendary Elon Musk Effect strikes again! After a bold and politically charged post on X (formerly Twitter), Musk sent shockwaves through the meme coin market — and Peanut the Squirrel ($PNUT ) was the first to go nuts.


In just minutes, PNUT surged 13.5%, proving once again how powerful a single Musk tweet can be.



🗣️ Musk’s Post Shakes the Internet: "They Arrested Peanut…"

Elon Musk’s viral message read:



“They arrested (and killed) Peanut, but they didn’t even charge anyone on Epstein’s client list. The state is already corrupt.”


While the post sparked strong political and social reactions, its impact on the crypto world was immediate: PNUT jumped from $0.211 to $0.239, reigniting interest in this once-forgotten meme coin.



📈 Flashback: PNUT's Origin and Musk’s Role



  • Launch: October 2024


  • Theme: Squirrel memes & a fictional character named “Peanut”


  • Viral Boost: Gained traction thanks to Elon Musk’s humorous posts featuring Peanut


  • Peak Hype: Reached a market cap of $120M soon after launch


PNUT’s early success was largely driven by Musk’s posts — much like DOGE and FLOKI. Social media virality pushed it into meme coin stardom.



🎯 Whale Activity + Developer Dump = Volatility Alert

Back during its initial run, a whale bought PNUT with 9,600 SOL (~$1.56M) — signaling serious interest. But shortly after, the project’s developer sold off all holdings, causing a crash in value:



  • Market cap dropped: $120M → $50M


  • Investor sentiment: Cautious, after the dump


This event left a stain on PNUT’s history and serves as a warning to investors even amid renewed hype.



🧠 Musk Effect in Action: From DOGE to PNUT

Elon Musk’s influence on crypto markets is undeniable. From DOGE to FLOKI, GROK, and now PNUT — he can spark multi-million dollar moves with a single tweet.


Today’s PNUT pump is textbook “Musk Effect” — a sudden surge driven by nothing but a tweet, emotion, and meme momentum.



🔍 What’s Next for PNUT?


📌 Key short-term insights:



  • Social media revival: PNUT communities on X, Reddit, and Telegram are buzzing again


  • Resistance level: $0.240 is a critical technical point. A breakout could trigger a second hype wave


  • Caution advised: Past developer sell-offs and whale activity suggest volatility is high


Investors are watching closely, but many remain wary given PNUT’s bumpy history.



🧨 Conclusion: A Squirrel Just Shook the Market Again!

Peanut the Squirrel is more than a meme — it's a symbol of how quickly crypto narratives can flip with Elon Musk in the mix. PNUT’s sudden surge shows that the Musk magic is alive and well.


⚠️ Still, the coin’s volatile past should remind investors to move with strategy, not just hype.



#PeanutStorm #ElonPump #PNUTCoin #MemeCoinSeason #TrumpTariffs