The meme token PNUT, built on the Solana blockchain and inspired by the popular Instagram squirrel Peanut, saw a 28% surge in value after Elon Musk retweeted a clip of an interview featuring himself and Joe Rogan. In the clip, they discuss the controversial story of Peanut’s confiscation and threatened euthanasia. Known for his strong support of personal freedom, Musk shared the video with a simple yet powerful message: “For PNut.”

Musk’s Tweet Sparks Renewed Interest in the PNUT Token

Musk’s retweet drew significant attention to the PNUT token, leading to a 28% increase in its value. As a result, the token’s market cap now stands at approximately $43.22 million. This price surge highlights the substantial influence of celebrities like Elon Musk in the cryptocurrency space, where even a brief mention on social media can dramatically impact market prices. At the time of writing, PNUT’s value has dropped 2.33% over the past day, now trading at $0.05096.

Elon Musk’s Support as a Call to Action for PNUT and Peanut Fans

For the PNUT community and Peanut’s supporters, Musk’s show of support reignited awareness of the story, which has become a symbol of resistance against perceived injustice. Peanut’s owner, Longo, founded an animal sanctuary called Freedom Farm in Pine City.

Longo recalls how he established the sanctuary in honor of Peanut: “We moved to a small town to start a nonprofit called P’Nut’s Freedom Farm. We wanted to turn Peanut’s popularity into something meaningful, so we relocated from Connecticut to New York. We’ve rescued over 300 animals – all in Peanut’s name.”

Musk and Rogan Criticize Government Intervention

In the video, Musk and Rogan express frustration and disagreement with government actions in the case of Mark Longo, Peanut’s owner, whose squirrel and raccoon were seized and later euthanized. They both see this as an example of government overreach by the Biden administration and a lack of respect for animals that were raised and cared for from a young age. The situation is seen as tragic and unnecessary for both the owner and the pets.

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