#PNUT
PNUT tokens are all the rage online! Behind it is a legendary story of a squirrel!
If you don't know the symbol PNUT, you may have missed a lot of things. PNUT, this meme coin that has been very popular recently, has a very special story behind it.
Speaking of which, PNUT is to commemorate a squirrel named Peanut. Peanut was originally rescued by Mark Longo. Its mother was killed, so Longo took it in. Later, Peanut became popular on Instagram, with more than 500,000 fans. But who would have thought that in October 2024, New York officials actually caught it and euthanized it, saying that it was afraid that it had rabies and that it was illegal to raise wild animals.
When this happened, everyone was furious. Bigwigs like Musk came out to say that officials overreacted, which made people even more angry.
The crypto community saw this and simply created a PNUT token, both to commemorate Peanut and to protest against what they considered to be excessive and inefficient government practices. Gradually, PNUT became a symbol of resistance to some government actions, which were considered to be overkill compared to the real problems at hand.
After PNUT became popular, it became a symbol of a community, a bit like Dogecoin. Buying PNUT is like supporting the cause and protesting the decision. This also shows that a community can unite around a meme and give it more meaning.
However, it should be made clear that although there are rumors online, there is no evidence that Trump or Musk bought the token, although their public statements did make the matter more popular. In short, the story of PNUT is now a symbol: a token that represents a cause, protest, and the spirit of solidarity in the crypto community.
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