The meme coin based on Solana, Peanut the Squirrel (PNUT), has seen an extraordinary market surge.
The incident began when Mark Long, the squirrel’s keeper, reported that authorities had confiscated the squirrel and a raccoon in his care. News of the animal’s death sparked widespread outrage, with Musk commenting in part: “The government is a mindless, heartless killing machine.”
The token’s trading volume surpassed $300 million as its price peaked at $0.14, although profit-taking has since brought the market cap down to around $94 million, with the price settling at $0.094.
This article contains links to third party websites or other content for informational purposes only (“Third Party Sites”). Third Party Sites are not under the control of CoinMarketCap, and CoinMarketCap is not responsible for the contents of any Third Party Site, including without limitation any link contained in a Third Party Site, or any changes or updates thereto. ‘a third party site. Party site. CoinMarketCap is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement, approval or recommendation by CoinMarketCap of the site or any association with its operators. This article is intended to be used and should be used for informational purposes only. It is important to conduct your own research and analysis before making any important decisions related to any of the products or services described. This article does not constitute and should not be construed as financial advice. The views and opinions expressed in this article are those of the author (company) and do not necessarily reflect those of CoinMarketCap.
