In the latest surge of meme coin fever, the Department of Government Efficiency (DOGE) has launched, sparking a rally across the meme coin ecosystem. Leading the pack? PNUT – a Solana-based meme coin created in response to the viral outrage over the euthanization of Peanut the Squirrel by New York City officials. “Justice for PNUT” has become a battle cry on social media, driving this squirrel-inspired token into the spotlight and a soaring $1.5 billion market cap within just two weeks.
The Viral Journey of Peanut the Squirrel & PNUT’s Meteoric Rise
Peanut’s story has resonated globally, striking a chord with people across social media who rallied around the furry icon. The result? PNUT has exploded onto the scene, recording triple-digit percentage gains and claiming a powerful presence within the Solana (SOL) meme coin ecosystem. It’s official – Peanut’s legacy lives on, now as one of the hottest meme tokens out there!
Elon Musk & Donald Trump Add Fuel to the PNUT Frenzy
The timing of PNUT’s rise couldn’t be more symbolic. Right on the heels of Donald Trump’s re-election announcement, both Musk and Trump have amplified PNUT’s visibility. Elon Musk’s recent retweet of a six-year-old meme depicting a squirrel in iron armor has become the ultimate rallying point. With his comment, “The prophecy has been fulfilled,” and a peanut emoji, Musk’s endorsement shot PNUT to an all-time high of $1.79. A staggering 269% surge in just 24 hours has positioned PNUT among Solana’s elite meme coins, alongside heavy-hitters like Dogwifhat (WIF) and Bonk (BONK).
PNUT’s Jaw-Dropping Market Stats & Performance
PNUT’s supply closely mirrors Dogwifhat (WIF) with 999 million tokens, and the trading activity has been nothing short of sensational. As of today, PNUT is priced at $3.69, driven by intense spot and leveraged trading volumes. According to CoinGlass, 24-hour trading volume surged to a remarkable $11.13 billion, with leveraged markets generating unprecedented interest. This meteoric rise has led to $12.55 million in liquidated long positions, underscoring the intense speculation and excitement around PNUT’s future.
More Than a Meme: PNUT’s Community Impact
PNUT isn’t just a meme coin – it’s a movement. Supporters have united around a shared mission advocating for animal rights and opposing perceived cruelty, giving PNUT a unique purpose that goes beyond the typical meme coin hype. The coin’s rally has transformed a viral incident into a powerful social statement, proving that in the world of crypto, even the smallest voices can spark a lasting impact.
As the momentum builds, PNUT continues to prove that it’s not just a passing trend. So, crypto enthusiasts, keep an eye on this squirrel-themed sensation – Peanut’s legacy might just be here to stay!
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