PANews November 26 news, according to Decrypt, the owner of the internet celebrity squirrel Peanut and raccoon Fred, Mark Longo, described in a Twitter video how he dealt with the story of Peanut and Fred, and decided to launch a new token called 'Justice for Pnut and Fred' (abbreviated as JUSTICE) on the Solana blockchain to commemorate his pets. Longo said, 'The government will not escape this. Justice will be served, not just for Peanut and Fred... We will show the world that crossing the line is unacceptable.'

He also accused the crypto community of profiting from his personal trauma. Longo insisted, 'The cryptocurrency world has exploited my tragedy and gained various possible benefits from it.' He described it as 'one of the most painful things in my life.' He claimed, 'People want to make money off this.' After condemning the crypto community for allegedly profiting from the incident, Longo continued to announce that he would launch a new token. Longo stated, 'This is the only token I will ever be associated with.' PNUT community members rebutted that they had donated about $50,000 to Longo, but he immediately sold it.

According to Solscan data, at the time of writing, the market value of JUSTICE is approximately $42.1 million, with over 15,800 holders. The token was minted using the Pump.fun platform.

Related reading: MEME coin Pnut's market value once exceeded 100 million, the death of internet celebrity squirrel Peanut, supported by Musk, has sparked a political movement in the United States.