The Internet celebrity squirrel PNUT has caused a great sensation in the currency circle. Learn about the story behind it
It all started with an election.
At that time, there was an Internet celebrity squirrel named peanut. Somehow, he was caught and dealt with by a big boss. Once the news spread, it instantly set off an uproar on the Internet, attracting widespread attention and heated discussions. Even Musk posted several tweets in succession, fiercely denouncing the government for corruption.
Unexpectedly, this squirrel later became a key symbol of a candidate's participation in the election, further exacerbating the dissatisfaction of many people with the current government.
And Musk's support for PNUT is quite strong. He even directly claimed that a squirrel and a meme coin related to it can save the United States!
Because of Musk's remarks, PNUT's status in the currency circle has risen rapidly, almost comparable to the popular DOGE at that time.
Just look at the current trend of PNUT, and you can feel the global attention it has received. For those large institutions or investors with a lot of money, there are not many investment options. BTC (Bitcoin), DOGE (Dogecoin) and PNUT can be said to be options that cannot be ignored. Each of them is of great investment value and should not be missed.
Looking back at the historical trends of DOGE and SHIB (Shiba Inu Coin), it is not difficult to find that the trend of PNUT is exactly the same as them, just like their replica.
DOGE's performance during the bull market was crazy. Each round of increase started at 10 times, and the market value soared from a mere 100 million US dollars to 100 billion US dollars.
SHIB is the same. Its price has been soaring all the way, and its market value has risen from the initial hundreds of millions of US dollars to tens of billions of US dollars. There has been almost no obvious correction during the period.
It can be seen that under the dual effects of the crazy bull market and Musk's strong influence, this round of PNUT's trend is likely to continue this crazy trend. What will be the result? Let's wait and see!