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Peanut Pet Owner's Token Collapses Two Weeks After Launch
The launch came after Longo criticized crypto traders for allegedly monetizing his personal tragedy through the popular meme coin Peanut.
A token created by Mark Longo to honor his euthanized pets has plummeted over 99% since its November 26 launch, with on-chain data revealing significant selling pressure as controversy grows over the project's inception.
The Justice for Pnut and Fred (JUSTICE) token, launched through Solana-based meme coin platform Pump.fun, is now trading at $0.0003834, marking a dramatic decline from its initial trading levels.
The project's market capitalization has contracted to $375,960 despite maintaining over 31,000 holders, according to data from GeckoTerminal.
Longo did not immediately respond to Decryptās request for comment regarding the token's performance.
The launch came after Longo publicly criticized crypto traders for allegedly monetizing his personal tragedy through the popular meme coin Peanut (PNUT).
"The fact that people wanna make money off this is nothing short of despicable," Longo stated in a Twitter video before pivoting to launch the token.
At the time, PNUT community members pointed to approximately $50,000 in donations made to Longo, which they claim he immediately liquidated.
By Friday, December 6, the account associated with Longo posted on X about a new contract address, implying that the initial $JUSTICE token was shifting to a new one. Some seven minutes after the post, the account posted the new contract address with a new ticker: $JFP.
Upon examination, Decrypt found that the JUSTICE FOR PEANUT (JFP) token suffered roughly the same fate as its predecessor. The new JFP token is down 67% since its creation on December 6.
For context, the "JusticePnutFred" account is verified on the X platform as an official organization. Decrypt has reached out to X for confirmation.
#peanut #memecoin #AltcoinSeason #cryptomarket #cryptonews
The launch came after Longo criticized crypto traders for allegedly monetizing his personal tragedy through the popular meme coin Peanut.
A token created by Mark Longo to honor his euthanized pets has plummeted over 99% since its November 26 launch, with on-chain data revealing significant selling pressure as controversy grows over the project's inception.
The Justice for Pnut and Fred (JUSTICE) token, launched through Solana-based meme coin platform Pump.fun, is now trading at $0.0003834, marking a dramatic decline from its initial trading levels.
The project's market capitalization has contracted to $375,960 despite maintaining over 31,000 holders, according to data from GeckoTerminal.
Longo did not immediately respond to Decryptās request for comment regarding the token's performance.
The launch came after Longo publicly criticized crypto traders for allegedly monetizing his personal tragedy through the popular meme coin Peanut (PNUT).
"The fact that people wanna make money off this is nothing short of despicable," Longo stated in a Twitter video before pivoting to launch the token.
At the time, PNUT community members pointed to approximately $50,000 in donations made to Longo, which they claim he immediately liquidated.
By Friday, December 6, the account associated with Longo posted on X about a new contract address, implying that the initial $JUSTICE token was shifting to a new one. Some seven minutes after the post, the account posted the new contract address with a new ticker: $JFP.
Upon examination, Decrypt found that the JUSTICE FOR PEANUT (JFP) token suffered roughly the same fate as its predecessor. The new JFP token is down 67% since its creation on December 6.
For context, the "JusticePnutFred" account is verified on the X platform as an official organization. Decrypt has reached out to X for confirmation.
#peanut #memecoin #AltcoinSeason #cryptomarket #cryptonews
š±š„Elon Musk Like on X (Twitter) account !š
The $Peanut meme coin has gained nearly 70x in value, reaching a market cap of $18 million, following support from Elon Musk's X (formerly Twitter) account. This rapid rise reflects the impact of celebrity endorsements on meme coins, as seen with tokens like Dogecoin and Shiba Inu.
It wouldn't be a surprise if it gets listed on all exchanges soon..
#peanut #memecoins
The $Peanut coin is inspired by the story of a rescued squirrel named Peanut, who became an internet sensation before being tragically euthanized after being seized by New York authorities. Despite the pain, the coin's success underscores how viral social media moments combining cryptocurrency trends with animal rights advocacy can generate significant traction and growth in the crypto space.
$MEME
X : OGpeanut_sol
#sol #binance #elonmusk
It wouldn't be a surprise if it gets listed on all exchanges soon..
#peanut #memecoins
The $Peanut coin is inspired by the story of a rescued squirrel named Peanut, who became an internet sensation before being tragically euthanized after being seized by New York authorities. Despite the pain, the coin's success underscores how viral social media moments combining cryptocurrency trends with animal rights advocacy can generate significant traction and growth in the crypto space.
$MEME
X : OGpeanut_sol
#sol #binance #elonmusk
Peanut Pet Owner's Token Collapses Two Weeks After Launch
Peanut Pet Owner's Token Collapses Two Weeks After Launch
The launch came after Longo criticized crypto traders for allegedly monetizing his personal tragedy through the popular meme coin Peanut.
A token created by Mark Longo to honor his euthanized pets has plummeted over 99% since its November 26 launch, with on-chain data revealing significant selling pressure as controversy grows over the project's inception.
The Justice for Pnut and Fred (JUSTICE) token, launched through Solana-based meme coin platform Pump.fun, is now trading at $0.0003834, marking a dramatic decline from its initial trading levels.
The project's market capitalization has contracted to $375,960 despite maintaining over 31,000 holders, according to data from GeckoTerminal.
Longo did not immediately respond to Decryptās request for comment regarding the token's performance.
The launch came after Longo publicly criticized crypto traders for allegedly monetizing his personal tragedy through the popular meme coin Peanut (PNUT).
"The fact that people wanna make money off this is nothing short of despicable," Longo stated in a Twitter video before pivoting to launch the token.
At the time, PNUT community members pointed to approximately $50,000 in donations made to Longo, which they claim he immediately liquidated.
By Friday, December 6, the account associated with Longo posted on X about a new contract address, implying that the initial $JUSTICE token was shifting to a new one. Some seven minutes after the post, the account posted the new contract address with a new ticker: $JFP.
Upon examination, Decrypt found that the JUSTICE FOR PEANUT (JFP) token suffered roughly the same fate as its predecessor. The new JFP token is down 67% since its creation on December 6.
For context, the "JusticePnutFred" account is verified on the X platform as an official organization. Decrypt has reached out to X for confirmation.
The same account went on to thank "4 news publications" for covering the story of Mark Longo and the launch of JFP. It is not clear which publications the account was referring to.
On the same day, it claimed to have submitted requests for listing on CoinMarketCap and CoinGecko.
What is the JUSTICE token and where did it begin?The case involving Longo and his pets Peanut and Fred gained significant political traction when Vice President-elect JD Vance revealed at a North Carolina rally that Trump was "fired up" about the euthanization.
The story's virality intensified after Elon Musk's commentary sparked increased trading activity in various associated meme coins.
The incident originated when New York State environmental officers raided Longo's Pine City animal sanctuary on October 30, citing violations of wildlife protection laws.
P'Nut, who had accumulated over 500,000 social media followers, was euthanized alongside Fred after allegedly biting someone during the seizure.
Longo's latest moves with the Justice for Peanut and Fred meme coins add to a growing trend of controversial meme coin launches on Pump.fun.
The platform's accessible token creation system has revolutionized how meme coins enter the crypto market, enabling projects such as JUSTICE and JFP to launch with minimal financial and technical barriers.
For 0.02 SOL (around $4.8), users can create tokens without technical expertise. The platform's bonding curve mechanism automatically adjusts prices based on market activity, though this feature can amplify volatility in trending tokens.
Since January 2024, the Solana-based platform has facilitated over 3.85 million token launches.
On Saturday, Pump.fun banned UK users after it received warnings from the country's financial regulator.
#peanut #memecoin #AltcoinSeason #cryptomarket #cryptonews
The launch came after Longo criticized crypto traders for allegedly monetizing his personal tragedy through the popular meme coin Peanut.
A token created by Mark Longo to honor his euthanized pets has plummeted over 99% since its November 26 launch, with on-chain data revealing significant selling pressure as controversy grows over the project's inception.
The Justice for Pnut and Fred (JUSTICE) token, launched through Solana-based meme coin platform Pump.fun, is now trading at $0.0003834, marking a dramatic decline from its initial trading levels.
The project's market capitalization has contracted to $375,960 despite maintaining over 31,000 holders, according to data from GeckoTerminal.
Longo did not immediately respond to Decryptās request for comment regarding the token's performance.
The launch came after Longo publicly criticized crypto traders for allegedly monetizing his personal tragedy through the popular meme coin Peanut (PNUT).
"The fact that people wanna make money off this is nothing short of despicable," Longo stated in a Twitter video before pivoting to launch the token.
At the time, PNUT community members pointed to approximately $50,000 in donations made to Longo, which they claim he immediately liquidated.
By Friday, December 6, the account associated with Longo posted on X about a new contract address, implying that the initial $JUSTICE token was shifting to a new one. Some seven minutes after the post, the account posted the new contract address with a new ticker: $JFP.
Upon examination, Decrypt found that the JUSTICE FOR PEANUT (JFP) token suffered roughly the same fate as its predecessor. The new JFP token is down 67% since its creation on December 6.
For context, the "JusticePnutFred" account is verified on the X platform as an official organization. Decrypt has reached out to X for confirmation.
The same account went on to thank "4 news publications" for covering the story of Mark Longo and the launch of JFP. It is not clear which publications the account was referring to.
On the same day, it claimed to have submitted requests for listing on CoinMarketCap and CoinGecko.
What is the JUSTICE token and where did it begin?The case involving Longo and his pets Peanut and Fred gained significant political traction when Vice President-elect JD Vance revealed at a North Carolina rally that Trump was "fired up" about the euthanization.
The story's virality intensified after Elon Musk's commentary sparked increased trading activity in various associated meme coins.
The incident originated when New York State environmental officers raided Longo's Pine City animal sanctuary on October 30, citing violations of wildlife protection laws.
P'Nut, who had accumulated over 500,000 social media followers, was euthanized alongside Fred after allegedly biting someone during the seizure.
Longo's latest moves with the Justice for Peanut and Fred meme coins add to a growing trend of controversial meme coin launches on Pump.fun.
The platform's accessible token creation system has revolutionized how meme coins enter the crypto market, enabling projects such as JUSTICE and JFP to launch with minimal financial and technical barriers.
For 0.02 SOL (around $4.8), users can create tokens without technical expertise. The platform's bonding curve mechanism automatically adjusts prices based on market activity, though this feature can amplify volatility in trending tokens.
Since January 2024, the Solana-based platform has facilitated over 3.85 million token launches.
On Saturday, Pump.fun banned UK users after it received warnings from the country's financial regulator.
#peanut #memecoin #AltcoinSeason #cryptomarket #cryptonews
#peanut
Long Liquidations Incoming for $PEANUT?
The $PEANUT market has been seeing some intense volatility lately, with leverage levels spiking as traders take long positions, betting on a price pump. But beware ā if prices donāt move up soon, we could be looking at major liquidation cascades for those over-leveraged longs!
What's causing the pressure?
1. High Leverage Usage: Many traders are loading up on longs, but too much leverage can lead to fast liquidations.
2. Bearish Momentum: If $PEANUT continues to lose support, these long positions could trigger a liquidation domino effect.
3. Market Sentiment: Fear in the market could amplify downward pressure, wiping out weak hands.
With liquidation levels stacking up, keep a close watch on key support zones. It might be a wild ride ahead for $PEANUT!
Long Liquidations Incoming for $PEANUT?
The $PEANUT market has been seeing some intense volatility lately, with leverage levels spiking as traders take long positions, betting on a price pump. But beware ā if prices donāt move up soon, we could be looking at major liquidation cascades for those over-leveraged longs!
What's causing the pressure?
1. High Leverage Usage: Many traders are loading up on longs, but too much leverage can lead to fast liquidations.
2. Bearish Momentum: If $PEANUT continues to lose support, these long positions could trigger a liquidation domino effect.
3. Market Sentiment: Fear in the market could amplify downward pressure, wiping out weak hands.
With liquidation levels stacking up, keep a close watch on key support zones. It might be a wild ride ahead for $PEANUT!
Elon Musk Like onĀ X (Twitter) account !
The $Peanut meme coin has gained nearly 70x in value, reaching a market cap of $18 million, following support from Elon Musk's X (formerly Twitter) account. This rapid rise reflects the impact of celebrity endorsements on meme coins, as seen with tokens like Dogecoin and Shiba Inu.
It wouldn't be a surprise if it gets listed on all exchanges soon..
#peanut Ā #memecoin
The $Peanut coin is inspired by the story of a rescued squirrel named Peanut, who became an internet sensation before being tragically euthanized after being seized by New York authorities. Despite the pain, the coin's success underscores how viral social media moments combining cryptocurrency trends with animal rights advocacy can generate significant traction and growth in the crypto space.
$MEME
X : OGpeanut_sol
It wouldn't be a surprise if it gets listed on all exchanges soon..
#peanut Ā #memecoin
The $Peanut coin is inspired by the story of a rescued squirrel named Peanut, who became an internet sensation before being tragically euthanized after being seized by New York authorities. Despite the pain, the coin's success underscores how viral social media moments combining cryptocurrency trends with animal rights advocacy can generate significant traction and growth in the crypto space.
$MEME
X : OGpeanut_sol
Elon Musk Like onĀ X (Twitter) account !
The $Peanut meme coin has gained nearly 70x in value, reaching a market cap of $18 million, following support from Elon Musk's X (formerly Twitter) account. This rapid rise reflects the impact of celebrity endorsements on meme coins, as seen with tokens like Dogecoin and Shiba Inu.
It wouldn't be a surprise if it gets listed on all exchanges soon..
Ā
The $Peanut coin is inspired by the story of a rescued squirrel named Peanut, who became an internet sensation before being tragically euthanized after being seized by New York authorities. Despite the pain, the coin's success underscores how viral social media moments combining cryptocurrency trends with animal rights advocacy can generate significant traction and growth in the crypto space.
X : OGpeanut_sol
It wouldn't be a surprise if it gets listed on all exchanges soon..
Ā
The $Peanut coin is inspired by the story of a rescued squirrel named Peanut, who became an internet sensation before being tragically euthanized after being seized by New York authorities. Despite the pain, the coin's success underscores how viral social media moments combining cryptocurrency trends with animal rights advocacy can generate significant traction and growth in the crypto space.
X : OGpeanut_sol
Peanut the Squirrel: A Nutty Crypto Adventure
A Meme Coin with a Twist
In the ever-evolving world of cryptocurrencies, where meme coins have taken center stage, Peanut the Squirrel has emerged as a quirky and community-driven project. With a focus on fun, community, and potential rewards, Peanut has captured the hearts of many crypto enthusiasts.
What Makes Peanut Unique?
Community-Driven: The Peanut community is passionate and active, driving the project's growth and development.
Meme Coin Appeal: With its cute and quirky mascot, Peanut taps into the meme coin phenomenon, attracting a wide range of investors.
Potential for Growth: As the crypto market continues to evolve, meme coins like Peanut have the potential for significant price swings, driven by community sentiment and market trends.
Why Should You Consider Peanut?
While investing in meme coins can be highly speculative, Peanut offers a unique opportunity to participate in a fun and community-driven project. However, it's important to approach such investments with caution and be aware of the inherent risks.
Join the Peanut Army and Have Some Fun
If you're looking for a lighthearted and potentially lucrative investment, Peanut could be a fun addition to your crypto portfolio. Remember, though, to always do your own research and consult with a financial advisor before making any investment decisions.
#peanut #PeanutToken #PnutToken #PNUTUSDT #TrendingTopic $PNUT @EliteDailySignals
Crypto of the month (November) will be listed in the description 1st December.
Follow us for quality crypto insight and Trending assets.
A Meme Coin with a Twist
In the ever-evolving world of cryptocurrencies, where meme coins have taken center stage, Peanut the Squirrel has emerged as a quirky and community-driven project. With a focus on fun, community, and potential rewards, Peanut has captured the hearts of many crypto enthusiasts.
What Makes Peanut Unique?
Community-Driven: The Peanut community is passionate and active, driving the project's growth and development.
Meme Coin Appeal: With its cute and quirky mascot, Peanut taps into the meme coin phenomenon, attracting a wide range of investors.
Potential for Growth: As the crypto market continues to evolve, meme coins like Peanut have the potential for significant price swings, driven by community sentiment and market trends.
Why Should You Consider Peanut?
While investing in meme coins can be highly speculative, Peanut offers a unique opportunity to participate in a fun and community-driven project. However, it's important to approach such investments with caution and be aware of the inherent risks.
Join the Peanut Army and Have Some Fun
If you're looking for a lighthearted and potentially lucrative investment, Peanut could be a fun addition to your crypto portfolio. Remember, though, to always do your own research and consult with a financial advisor before making any investment decisions.
#peanut #PeanutToken #PnutToken #PNUTUSDT #TrendingTopic $PNUT @EliteDailySignals
Crypto of the month (November) will be listed in the description 1st December.
Follow us for quality crypto insight and Trending assets.
Elon Musk Like on X (Twitter) account !
The $Peanut meme coin has gained nearly 70x in value, reaching a market cap of $18 million, following support from Elon Musk's X (formerly Twitter) account. This rapid rise reflects the impact of celebrity endorsements on meme coins, as seen with tokens like Dogecoin and Shiba Inu.
It wouldn't be a surprise if it gets listed on all exchanges soon..
#peanut #memecoin
The $Peanut coin is inspired by the story of a rescued squirrel named Peanut, who became an internet sensation before being tragically euthanized after being seized by New York authorities. Despite the pain, the coin's success underscores how viral social media moments combining cryptocurrency trends with animal rights advocacy can generate significant traction and growth in the crypto space.
$MEME
X : OGpeanut_sol
Always DYOR NFA
#CryptoManMab
The $Peanut meme coin has gained nearly 70x in value, reaching a market cap of $18 million, following support from Elon Musk's X (formerly Twitter) account. This rapid rise reflects the impact of celebrity endorsements on meme coins, as seen with tokens like Dogecoin and Shiba Inu.
It wouldn't be a surprise if it gets listed on all exchanges soon..
#peanut #memecoin
The $Peanut coin is inspired by the story of a rescued squirrel named Peanut, who became an internet sensation before being tragically euthanized after being seized by New York authorities. Despite the pain, the coin's success underscores how viral social media moments combining cryptocurrency trends with animal rights advocacy can generate significant traction and growth in the crypto space.
$MEME
X : OGpeanut_sol
Always DYOR NFA
#CryptoManMab
Elon Musk Like on X (Twitter) account !
The $Peanut meme coin has gained nearly 70x in value, reaching a market cap of $18 million, following support from Elon Musk's X (formerly Twitter) account. This rapid rise reflects the impact of celebrity endorsements on meme coins, as seen with tokens like Dogecoin and Shiba Inu.
It wouldn't be a surprise if it gets listed on all exchanges soon..
#peanut #memecoin
The $Peanut coin is inspired by the story of a rescued squirrel named Peanut, who became an internet sensation before being tragically euthanized after being seized by New York authorities. Despite the pain, the coin's success underscores how viral social media moments combining cryptocurrency trends with animal rights advocacy can generate significant traction and growth in the crypto space.
$MEME
X : OGpeanut_sol
#Dyor2024 #NFAā
The $Peanut meme coin has gained nearly 70x in value, reaching a market cap of $18 million, following support from Elon Musk's X (formerly Twitter) account. This rapid rise reflects the impact of celebrity endorsements on meme coins, as seen with tokens like Dogecoin and Shiba Inu.
It wouldn't be a surprise if it gets listed on all exchanges soon..
#peanut #memecoin
The $Peanut coin is inspired by the story of a rescued squirrel named Peanut, who became an internet sensation before being tragically euthanized after being seized by New York authorities. Despite the pain, the coin's success underscores how viral social media moments combining cryptocurrency trends with animal rights advocacy can generate significant traction and growth in the crypto space.
$MEME
X : OGpeanut_sol
#Dyor2024 #NFAā