Peanut the Squirrel (PNUT)

What is Peanut the Squirrel (PNUT)?

Peanut the Squirrel (PNUT) is a meme coin built on the Solana blockchain, inspired by a viral internet sensation. Peanut initially gained fame through heartwarming social media posts by his caretaker, Mark Longo, who showcased the squirrel performing adorable tricks and wearing tiny hats. His playful antics made him a beloved figure among online communities.

However, Peanut’s story took a tragic turn on October 30, when authorities seized him from Longo’s care. The decision to euthanize Peanut sparked widespread public outrage, with many people, including high-profile figures like Elon Musk and Congressman Nick Langworthy, condemning the authorities’ actions. Musk’s tweets on X (formerly Twitter) brought even more attention to the issue, further fueling the controversy.

In response to Peanut’s untimely fate, the meme coin PNUT was created as a tribute to the beloved squirrel. The coin quickly gained popularity, with its value rising in the aftermath of the incident. It attracted significant attention from the cryptocurrency community, driven by the emotional connection to Peanut’s story and the support of notable figures like Musk.