{"id":202,"date":"2025-07-09T12:57:36","date_gmt":"2025-07-09T12:57:36","guid":{"rendered":"https:\/\/bitcoscript.com\/article\/meme-coin-peanut-the-squirrel-pnut-rallies-after-elon-musks-tweet\/"},"modified":"2025-07-09T12:57:36","modified_gmt":"2025-07-09T12:57:36","slug":"meme-coin-peanut-the-squirrel-pnut-rallies-after-elon-musks-tweet","status":"publish","type":"post","link":"https:\/\/bitcoscript.com\/article\/meme-coin-peanut-the-squirrel-pnut-rallies-after-elon-musks-tweet\/","title":{"rendered":"Meme Coin Peanut the Squirrel (PNUT) Rallies After Elon Musk\u2019s Tweet"},"content":{"rendered":"<p>Meme coin Peanut the Squirrel     <a href=\"https:\/\/www.coinspeaker.com\/coins\/peanut-the-squirrel\/\" class=\"coinlive\" target=\"_blank\"><br \/>\n        <span class=\"coinlive__badge\"><br \/>\n            <span class=\"coinlive__ticker\">PNUT<\/span><br \/>\n            <span class=\"coinlive__price value-fall\">$0.21<\/span><br \/>\n        <\/span><br \/>\n        <span class=\"coinlive__dropdown\"><br \/>\n\t\t\t            <span class=\"coinlive__row coinlive__vol24\"><br \/>\n                <span>24h volatility:<\/span><br \/>\n                <span class=\"value-fall\">5.1%<\/span><br \/>\n            <\/span><br \/>\n            <span class=\"coinlive__row\"><br \/>\n                <span>Market cap:<\/span><br \/>\n                <span>$211.57 M<\/span><br \/>\n            <\/span><br \/>\n            <span class=\"coinlive__hr\"><\/span><br \/>\n            <span class=\"coinlive__row\"><br \/>\n                <span>Vol. 24h:<\/span><br \/>\n                <span>$104.45 M<\/span><br \/>\n            <\/span><br \/>\n        <\/span><br \/>\n    <\/a><br \/>\n\t, named after the viral squirrel named Peanut, is once again in the limelight, surging over 7% to $0.235 earlier today following Elon Musk\u2019s recent tweet.<\/p>\n<p>The daily trading volume for PNUT has shot up by 150% to more than $257 million, showing strong bullish sentiment for the meme coin.<\/p>\n<h2>PNUT Meme Coin Soars 10% After Elon Musk&#8217;s Viral Post<\/h2>\n<p>Solana-based meme coin PNUT surged more than 10% late Tuesday following a viral post from Elon Musk, reigniting speculative mania in crypto markets. The Tesla and SpaceX CEO criticized U.S. authorities for euthanizing \u201cPeanut,\u201d a squirrel that recently gained internet fame, while also taking aim at the government\u2019s failure to prosecute individuals linked to Jeffrey Epstein\u2019s alleged client list.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"474\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">They arrested (and killed) Peanut, but have not even tried to file charges against anyone on the Epstein client list.<\/p>\n<p>Government is deeply broken. <a rel=\"noopener noreferrer\" target=\"_blank\" href=\"https:\/\/t.co\/YndRadQUBE\">pic.twitter.com\/YndRadQUBE<\/a><\/p>\n<p>&mdash; Elon Musk (@elonmusk) <a rel=\"noopener noreferrer\" target=\"_blank\" href=\"https:\/\/twitter.com\/elonmusk\/status\/1942636971450589642?ref_src=twsrc%5Etfw\">July 8, 2025<\/a><\/p>\n<\/blockquote>\n<p>Musk\u2019s post, shared on his social media platform X, triggered an immediate uptick in trading activity for PNUT. On-chain data also revealed a sharp increase in both trading volume and price within minutes of the mention.<\/p>\n<p>Despite having no protocol, utility, or roadmap, PNUT continues to gain traction in the crypto space.<\/p>\n<p>The token sees volatile moves amid the social media excitement and trending discussions in the market. The recent tweet by Elon Musk, and the PNUT rally soon after is a testament to it.<\/p>\n<h2>PNUT Open Interest Spikes 14%, Analysts Expect 600% Rally<\/h2>\n<p>Following Elon Musk\u2019s tweet, the PNUT futures open interest has surged by 14% to $132 million, as per the Coinglass data. The increase in the open interest highlights strong trader sentiment for the squirrel-themed meme coin. Some market analysts also believe that the rally is likely to continue from here onwards.<\/p>\n<p>Solana     <a href=\"https:\/\/www.coinspeaker.com\/coins\/solana\/\" class=\"coinlive\" target=\"_blank\"><br \/>\n        <span class=\"coinlive__badge\"><br \/>\n            <span class=\"coinlive__ticker\">SOL<\/span><br \/>\n            <span class=\"coinlive__price value-fall\">$149.3<\/span><br \/>\n        <\/span><br \/>\n        <span class=\"coinlive__dropdown\"><br \/>\n\t\t\t            <span class=\"coinlive__row coinlive__vol24\"><br \/>\n                <span>24h volatility:<\/span><br \/>\n                <span class=\"value-fall\">1.2%<\/span><br \/>\n            <\/span><br \/>\n            <span class=\"coinlive__row\"><br \/>\n                <span>Market cap:<\/span><br \/>\n                <span>$79.99 B<\/span><br \/>\n            <\/span><br \/>\n            <span class=\"coinlive__hr\"><\/span><br \/>\n            <span class=\"coinlive__row\"><br \/>\n                <span>Vol. 24h:<\/span><br \/>\n                <span>$4.32 B<\/span><br \/>\n            <\/span><br \/>\n        <\/span><br \/>\n    <\/a><br \/>\n\t meme coin PNUT may be positioning for a significant continuation rally, according to crypto analyst Javon Marks, who highlighted a potential 654% upside move toward the token\u2019s projected breakout target of $1.7907.<\/p>\n<p>In a post on X, Marks noted that the setup suggests strong bullish momentum remains in play, with technical indicators pointing to the possibility of an extended leg higher.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"474\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a rel=\"noopener noreferrer\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24PNUT&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$PNUT<\/a> (Peanut The Squirrel) can be setting up here to deliver a major continuation within an over 654% uphill run towards the $1.7907 BREAKOUT TARGET which is IN PLAY \ud83d\udd25! <a rel=\"noopener noreferrer\" target=\"_blank\" href=\"https:\/\/t.co\/vUkSWC2ftd\">https:\/\/t.co\/vUkSWC2ftd<\/a> <a rel=\"noopener noreferrer\" target=\"_blank\" href=\"https:\/\/t.co\/BgLcjJb805\">pic.twitter.com\/BgLcjJb805<\/a><\/p>\n<p>&mdash; JAVON\u26a1\ufe0fMARKS (@JavonTM1) <a rel=\"noopener noreferrer\" target=\"_blank\" href=\"https:\/\/twitter.com\/JavonTM1\/status\/1942739302317797424?ref_src=twsrc%5Etfw\">July 9, 2025<\/a><\/p>\n<\/blockquote>\n<p>Meanwhile, Bitcoin also saw gains following an endorsement from Tesla CEO Elon Musk, with market observers calling it a major moment for the broader crypto ecosystem.<\/p>\n<p>next<\/p>\n<p>The post Meme Coin Peanut the Squirrel (PNUT) Rallies After Elon Musk\u2019s Tweet appeared first on Coinspeaker.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Meme coin Peanut the Squirrel PNUT $0.21 24h volatility: 5.1% Market cap: $211.57 M Vol. 24h: $104.45 M , named after the viral squirrel named Peanut, is once again in the limelight, surging over 7% to $0.235 earlier today following Elon Musk\u2019s recent tweet. The daily trading volume for PNUT has shot up by 150%&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[7,70,71,8,72,73,10],"class_list":["post-202","post","type-post","status-publish","format-standard","hentry","category-cryptocurrency-news","tag-cryptocurrency-news","tag-elon-musk","tag-meme-coin","tag-news","tag-peanut-the-squirrel","tag-pnut","tag-story-of-the-day"],"_links":{"self":[{"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/posts\/202","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/comments?post=202"}],"version-history":[{"count":0,"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/posts\/202\/revisions"}],"wp:attachment":[{"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/media?parent=202"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/categories?post=202"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/tags?post=202"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}