**Peanut the Squirrel Sparks Memecoin Frenzy on Solana! 🐿️**
- Memecoins inspired by the late Peanut the Squirrel have taken the Solana DeFi markets by storm, with some tokens reaching a whopping $120 million market cap.
- Peanut-themed tokens like PNUT saw a volume of nearly $300 million and over 200,000 transactions in just two days.
- Even Fred the Raccoon, who was euthanized alongside Peanut, inspired a memecoin, FRED, with a trading volume of $83 million.
- Despite the tragic backstory, the crypto community is buzzing with excitement over these new tokens.
Stay nutty, crypto fans!