#PNUT
๐๐ค๐ก๐๐ฃ๐ ๐๐๐ข๐ ๐พ๐ค๐๐ฃ ๐๐๐๐ ๐๐๐ก๐ก๐๐๐จ 10% ๐ผ๐ข๐๐ ๐๐ก๐ค๐ฃ ๐๐ช๐จ๐ โ๐จ ๐๐ฉ๐๐ฉ๐๐ข๐๐ฃ๐ฉ
Peanut the Squirrel (PNUT), a Solana-based meme coin, surged more than 10% in price in just 24 hours. The rally followed a viral post from Elon Musk that drew attention to the project in a surprising way.
Musk posted a meme and message criticizing the lack of justice around the Epstein client list. His X post highlighted that โmore squirrels and raccoons have been arrestedโ than anyone linked to Jeffrey Epstein.
He then referenced a squirrel named Peanut who was โarrested (and killed).โ Although Musk didnโt mention PNUT directly, his postโs timing aligned with a surge in the coinโs price and trading volume.
The post quickly went viral, gathering over 4.5 million views in just a few hours. Traders appeared to connect the mention of โPeanutโ with the meme token PNUT, leading to a wave of interest.
PNUT price jumped from around $0.2279 to $0.2357 shortly after the post. Volume also spiked by more than 80%, hitting over $214 million in 24 hours. PNUTโs market cap is now just above $235 million, with nearly 1 billion tokens in supply.
Peanut the Squirrel has gained a cult-like following in recent months. The project mixes humor and internet culture with Solanaโs fast transaction speeds.
This isnโt the first time Musk has caused a meme coin to spike. His past tweets have fueled rallies in Dogecoin and Floki coins
A single viral post can move millions of dollars. In this case, it was a political jab wrapped in humor that sent a Solana meme coin flying. Whether PNUT continues to climb depends on future interest and momentum.
For now, Muskโs post has given PNUT its biggest spotlight moment yet. Solana meme coins are once again proving they can move fast with just the right amount of hype
