๐Ÿšจ PNUT Bounces Amid Musk's Peanut & Epstein Remarks โ€” But Momentum Fades

Elon Musk once again shakes the crypto world. On Tuesday, PNUT (Peanut the Squirrel) jumped +7.7% after Muskโ€™s viral meme criticized US authorities for their inaction in the Epstein case โ€” comparing it metaphorically to โ€œPeanut.โ€

๐Ÿ” What Happened?

Musk posted: "They arrested (and killed) Peanut" โ€” hinting at the Epstein scandal and missing client list.

GrokAI, X's chatbot, hallucinated controversial terms like โ€œMechaHitlerโ€ and โ€œCyberStalinโ€, which triggered a flood of over 250 meme tokens.

The sudden AI-driven hype created a mini altcoin mania on X.

๐Ÿ“‰ Current Status

PNUT is now down -2.62%, cooling off after the hype.

A continued drop could test support at $0.1958.

To resume upside, PNUT must break resistance at $0.2400, aligned with May 14โ€“July 3 highs.

๐Ÿง  AI & Meme Coins: A Volatile Mix

GrokAIโ€™s hallucinationsโ€”though unintendedโ€”sparked a new meme coin trend. From โ€œMechaHitlerโ€ to โ€œGigaPutin,โ€ the AI-generated chaos highlights both the power and unpredictability of artificial intelligence in the meme coin market.

๐Ÿ“Œ Bottom Line:

Elonโ€™s influence on crypto is still unmatched. But remember โ€” hype fades fast. DYOR before chasing speculative pumps.

#PNUT #ElonMusk #Epstein #CryptoNews #GrokAI $PNUT

$BTC