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Elon Musk mourns the euthanasia of a peanut, PNUT meme coin volume surged by 120% within 24 hours.
Elon Musk questioned the double standards of the U.S. government, criticizing late at night on X that squirrels and other wildlife are captured and euthanized by U.S. authorities, yet the list of the pedophile Jeffrey Epstein is not made public, which unexpectedly led to a pump in the meme coin PNUT. The peanut euthanasia incident continues to escalate, reigniting the excitement in the meme coin market.
According to CoinGecko data, the trading volume of the PNUT token surged over 120% within 24 hours after Musk's post, skyrocketing from $65 million to $214 million, with the coin price reaching as high as $0.23. Although it slightly retraced afterwards, it still demonstrates the market's high interest in meme coins.
PNUT pump has nothing to do with the death of the squirrel.
Elon Musk criticized the U.S. government for euthanizing a squirrel named "Peanut" but not bringing charges against anyone on the list involved in the Jeffrey Epstein case. This statement sparked heated discussions in the community and unexpectedly drove the PNUT meme coin to pump dramatically in a short period.
PNUT is a meme coin based on the Solana blockchain and is not related to the squirrel that was euthanized or Elon Musk himself. This meme coin has no protocol, no application scenarios, and no technical development roadmap, and it purely relies on topics and community hype to maintain its popularity.
The hype this time stems from a late-night post by Musk, in which he wrote: The US government is deeply mired in trouble, they arrested and killed Peanut, but have not prosecuted anyone on the Epstein list. His words are sharp, quickly igniting heated discussions online and affecting market sentiment.
The mysterious death of Epstein and the enigma of the Lolita Island list remain forever unsolved.
Epstein was an American financier who was arrested for allegedly orchestrating a large-scale trafficking operation involving the exploitation of underage girls. He mysteriously "hanged" himself in prison in 2019, with officials claiming it was a suicide, but many doubts remain, raising questions from various sectors. Even more concerning is his close association with numerous celebrities, including members of the British royal family, American political elites, and financial titans.
Epstein's mysterious list allegedly records the powerful and prominent individuals who took his private plane, the Lolita Express, to participate in the Lolita Island tour. To this day, the list has not been fully disclosed by the authorities, and no high-ranking individuals have been implicated or prosecuted, raising questions about judicial transparency and fairness, which Musk conveniently uses as material.
Does Musk want to imply Trump's personality?
Trump's name has also appeared multiple times on this undisclosed list. According to past reports, he had several public interactions with Epstein in 2000 and was even photographed attending private parties together. Although Trump later claimed that he was "not familiar" with him, the public has always remained skeptical.
Musk's recent statement has been widely interpreted as a satire on the selective law enforcement by the U.S. government, and it may also be an indirect criticism of powerful figures like Trump who have not faced judicial scrutiny. Musk has an ambiguous relationship with Trump; the two share similar positions on certain political issues, yet they often mock and attack each other in public statements. This makes Musk's post more complex and further amplifies the event's impact on the market.
Elon Musk's statements on the X platform have become a megaphone influencing global politics and financial markets, from Dogecoin to GameStop and now PNUT, with the chemical reactions between his personal comments and the community being hard to ignore.
The surge of PNUT once again validates the sentiment effect in the meme coin market, where topics equal value in the absence of fundamental support.
This article mourns Musk for the euthanasia of peanuts, PNUT meme coin trading volume surged by 120% within 24 hours, first appearing in Chain News ABMedia.