🚨 Elon Musk Sends Squirrel-Themed Meme Coin's Market Cap to $125 Million 🚨

The market cap of the squirrel-inspired Pnut token briefly reached $125 million following a social media post by Tesla CEO Elon Musk, according to DEXscreener. The token gained attention after a viral story about the confiscation of Peanut the Squirrel by New York authorities over public health concerns.

The Story Behind the Pnut Token's Surge

Mark and Daniela Longo, the squirrel’s owners, went viral after posting an emotional TikTok video criticizing the authorities for seizing their pet squirrel, which required a special permit for wild animals. The incident sparked a wave of backlash, especially within right-wing communities.

Musk’s Response

Elon Musk chimed in by quoting a famous line from Star Wars (Obi-Wan Kenobi), playfully referring to it as “Obi PNut Kenobi.” His tweet also included an AI-generated image of a squirrel dressed as a Jedi, which further boosted interest in the token.

Market Reaction and Whale Activity

Musk’s post triggered a flurry of activity, with some meme coin fans rushing to invest in Pnut. According to Lookonchain, a whale spent $831,000 to purchase nearly 9 million Pnut tokens. As of the latest data, Pnut’s market cap has settled at $90.5 million, following a pullback from its peak fueled by Musk’s endorsement.

#Therapydogcoin #TetherAEDLaunch #USEquitiesRebound #CryptoAMA