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šŸš€ Elon Musk’s Epstein Tweet Sends PNUT Memecoin Volume Surging 140%—Here’s Why

šŸš€ Elon Musk’s Epstein Tweet Sends PNUT Memecoin Volume Surging 140%—Here’s Why

CryptotimesIO
Release Time:
2025-07-09 08:33:58
0

Another day, another memecoin riding the Elon hype train—this time, it’s PNUT’s turn to moon.

When Musk tweeted a cryptic reference to Epstein, the internet did what it does best: overanalyzed, memed, and pumped a token nobody had heard of yesterday. Volume spiked 140% in hours, because why not?


The Musk Effect: Faster Than a Tesla Ludicrous Mode

No white paper? No utility? No problem. A single Elon post can turn a joke coin into a ā€˜serious investment’ overnight—at least until the next tweet derails it.


Crypto’s New Reality: Celeb Endorsements > Fundamentals

Forget tokenomics. In 2025, price action hinges on which billionaire wakes up feeling mischievous. Traders now stalk Twitter harder than SEC filings—with better returns, ironically.

One cynical take? The market’s still a casino—but at least the house now accepts memes as collateral.

Peanut The Squirrel Price Chart

Source: CoinMarketCap

The token briefly touched a high of $0.23 before correcting. Currently, it shows 5.72% pump in 24 hours, valued at $0.2285, with a market cap valuing $228.7 million.

PNUT was created as a solana memecoin and has no utility, no roadmap, and no real-world use case. Yet, it thrives on cultural moments, viral trends, and Musk mentions, traits common to today’s memecoin landscape.

There’s also no verified or official ā€œEpstein list,ā€ despite ongoing speculation and public curiosity. But Musk’s comment, mixed with the strange story of a squirrel turning into a viral symbol, was enough to get retail traders rushing in.

PNUT has now become one of those hype-driven tokens that MOVE whenever there’s controversy, online drama, or a celebrity shoutout. With nothing solid behind it, the rally is just another example of how unpredictable and speculative the memecoin space really is.

Also Read: Cronos (CRO) Pumped 20% on Trump Media’s Blue Chip ETF Inclusion: Can it Sustain Though?

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