cpeditor
Musk’s Viral Post Sends PNUT Meme Coin Soaring Over 120%
Despite having no ties to Elon Musk or the late viral squirrel it’s named after, PNUT, a Solana-based meme token, experienced a massive surge in trading activity following a provocative post by the tech billionaire.
In the 24 hours following Musk’s comments, PNUT’s trading volume skyrocketed over 120%, leaping from $65 million to $214 million, according to data from CoinGecko.
A Viral Squirrel and the Epstein Connection
“Peanut,” the famous squirrel that captured social media’s attention, might be gone, but the meme coin carrying its name is still riding high.
Late at night, Musk took to X (formerly Twitter) to criticize U.S. authorities for euthanizing the squirrel while failing to pursue charges against individuals rumored to be linked to Jeffrey Epstein’s network.
“Government is deeply broken,” Musk posted. “They arrested (and killed) Peanut, but have not even tried to file charges against anyone on the Epstein client list.”
(The so-called “Epstein list” refers to alleged high-profile connections to Epstein’s sex trafficking ring. No verified or official public list has been released.)
A Meme Coin Fueled by Culture and Hype
Within minutes of Musk’s post, PNUT’s price shot up more than 10% as traders scrambled to capitalize on the sudden wave of attention. The token briefly reached a high of 23 cents before easing back slightly.
PNUT remains purely a speculative asset, with no underlying protocol, utility, or roadmap. Instead, it thrives on cultural relevance and reflexive trading behavior, making it a favorite among momentum-driven investors.
As long as controversial topics and celebrity comments continue to dominate social media, tokens like PNUT are likely to remain in the spotlight—especially on Musk’s X.
