$PNUT

Why is the squirrel so popular? Can it double every day?

Squirrels have been very popular these days. Yesterday, a friend asked me, what is it for? Can I buy it?

In fact, I like this coin more among the new memes, because the story behind it is a representative satire of some actions of the US government!

Coupled with Musk's strong promotion, this event has been marketed by the crypto market!

The story is really good:

A squirrel named Peanut; its owner Longo announced on social media some time ago that the New York State Department of Environmental Conservation (DEC) took Peanut and another pet, a raccoon named Fred, away on the grounds of rabies, and the news then went viral on the Internet.

Peanut's tragic story - the beloved pet squirrel was seized and euthanized by New York State authorities - triggered the explosive growth of PNUT coins, which once again demonstrated the unpredictable impact of social media sentiment on the cryptocurrency market.

Peanut has more than 500,000 fans on the Internet and has become an Internet celebrity. For Longo, Peanut is more than just a pet, it’s a beloved family member and a fixture in his online community.

This rally quickly gained traction after Musk joined and posted about Peanut’s story on the X platform several times.

Musk, one of the biggest supporters of presidential candidate Donald Trump, criticized the Department of Environmental Conservation (DEC)’s decision, writing: “The government should not be allowed to break into your home and kill your pets! This is outrageous.”

Then this morning Musk posted a photo of squirrels and dogs with the United States, once again sending the token sky high!