Elon Musk has done it again! 🤯 With just one tweet mentioning “Peanut,” the billionaire entrepreneur has reignited massive interest in the Solana-based meme coin Peanut the Squirrel (PNUT). 🪙🐿️
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📈 PNUT Price Soars After Musk’s Mention
The tweet, which wasn’t even directly related to crypto, mentioned “Peanut—arrested (and killed)…” sparking speculation and excitement across social media. Traders were quick to connect the dots, leading to a 10% price surge within hours. ⏫💰
Price Jump: From ~$0.228 to ~$0.236 🔼
Trading Volume: Exploded by over 100% 📊
Market Cap: Now hovering around $230 million 💵
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🤔 Why Did Musk’s Tweet Matter?
This isn’t the first time Elon Musk has moved markets with his words. Whether it’s Dogecoin 🐶, Floki 🐕, or now PNUT 🐿️, his influence over meme coins is undeniable. Even without tagging the coin directly, the mere mention of the name "Peanut" was enough to trigger a wave of investor FOMO.
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🧠 Meme Coins and Hype – A Love Story
Memecoins like PNUT thrive on hype, humor, and virality. With little to no utility, their value often comes from community engagement and pop culture moments. Elon Musk’s social media antics are the perfect fuel for these digital assets. 🔥📱
But remember: high reward = high risk ⚠️
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🔮 What’s Next for PNUT?
Analysts are split. Some believe this could be the start of a longer bull run if more influencers join the conversation. Others warn that the hype could fade just as quickly as it began.
✅ If the buzz continues: PNUT may gain more listings and liquidity.
❌ If attention drops: Prices could crash hard and fast.
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🛑 Final Thoughts
The PNUT rally proves one thing: memecoins are more about memes than money. 🧵📢
If you're jumping in, make sure you understand the risks, stay updated on social media trends, and—most importantly—never invest more than you’re willing to lose. 💸#PNUTCoin #elonMuskEffect #MemeCoinSeason #SolanaCrypto #CryptoNews $PNUT