Memecoin PNUT Rips on Elon Musk’s Epstein Cue

headlines4Cryptocurrency7 months ago1.6K Views

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‘Peanut’ the squirrel is lifeless, however the meme coin named after him remains to be mooning.

A late-night put up from technocrat Elon Musk slamming U.S. authorities for euthanizing the viral squirrel whereas failing to cost anybody from Jeffrey Epstein’s alleged consumer record preceded a quantity and worth spike, information exhibits, displaying speculative fervor is alive and properly out there.

(The “Epstein list” refers to high-profile people allegedly linked to Jeffrey Epstein’s intercourse trafficking community. No official, verified public record exists.)

“Government is deeply broken,” Musk wrote. “They arrested (and killed) Peanut, but have not even tried to file charges against anyone on the Epstein client list.”

Within minutes, Solana-based meme token PNUT spiked over 10% as merchants piled in on the name-drop.

PNUT, which has no affiliation with the precise squirrel or Musk, noticed buying and selling volumes surge over 120% from $65 million to $214 million in a 24-hour interval, in line with CoinGecko. The token’s worth briefly touched 23 cents earlier than cooling.

With no protocol, no utility, and no roadmap, PNUT trades purely on cultural resonance and reflexive hypothesis. That makes it a favourite for momentum hunters, and a token to look at for when controversial subjects do the rounds — at the very least on Musk’s X.

Read extra: Elon Musk Says America Party Will Embrace BTC as 'Fiat Is Hopeless'

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