Man, Musk is back at it! This time he mentioned the famous squirrel Peanut in a post — and boom, Peanut the Squirrel (PNUT) meme coin shot up 13.5% from $0.211 to $0.239.
He posted on X:
"They arrested (and killed) Peanut, but didn’t even charge anyone on the Epstein client list. The government is already corrupt."
Right after that, PNUT's price took off. This coin has a history with Musk — last October it hit a $120M market cap after one of his tweets.
Then a whale dropped 9,600 SOL ($1.56M) into PNUT and the dev dumped their bags for a quick profit, crashing the market cap down from $120M to $50M.
The Musk Effect is officially back! 📈🔥