{"id":79439,"date":"2025-07-09T15:30:48","date_gmt":"2025-07-09T15:30:48","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=79439"},"modified":"2025-07-09T15:30:48","modified_gmt":"2025-07-09T15:30:48","slug":"elon-musk-drops-epstein-peanut-bomb-pnut-coin-explodes-10","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=79439","title":{"rendered":"Elon Musk Drops Epstein \u2018Peanut\u2019 Bomb \u2014 PNUT Coin Explodes 10%"},"content":{"rendered":"

A sudden social media jab sent Solana\u2019s Peanut the Squirrel token soaring this week. In a Tuesday post, billionaire Elon Musk criticized<\/a> US authorities for ignoring names on the Jeffrey Epstein<\/a> \u201cclient list\u201d, quipping that \u201cmore squirrels and raccoons have been arrested\u201d than any Epstein affiliates.<\/p>\n

A nod to a squirrel named Peanut\u2014said to have been \u201carrested (and killed)\u201d\u2014coincided with a sharp pop in the PNUT token\u2019s value. According to on\u2011chain data, PNUT climbed over 10% in 24 hours, touching $0.23 at one point.<\/p>\n

Elon Musk Highlights Justice Concerns<\/h2>\n

Based on reports, Musk\u2019s post racked up more than 13.7\u202fmillion views within hours. Traders quickly linked \u201cPeanut\u201d to the PNUT<\/a> ticker. Almost immediately, PNUT price rose from about $0.22 to $0.23.<\/p>\n\n

The token\u2019s 24\u2011hour trading volume jumped roughly 80%, crossing $215\u202fmillion. Market watchers estimate PNUT\u2019s market cap now sits near $224\u202fmillion, out of a total supply approaching 1\u202fbillion tokens.<\/p>\n

Market Reaction Follows Viral Meme<\/h2>\n

Meme tokens often depend on hype, and PNUT was no exception. After Musk\u2019s message spread, order books filled fast. Buy orders outnumbered sells, driving price momentum.<\/p>\n

Crypto bots and retail traders piled in, hoping to catch the wave. Some investors told reporters they moved funds into PNUT within minutes of seeing Musk\u2019s post.<\/p>\n

They arrested (and killed) Peanut, but have not even tried to file charges against anyone on the Epstein client list.<\/p>\n

Government is deeply broken. pic.twitter.com\/YndRadQUBE<\/a><\/p>\n

\u2014 Elon Musk (@elonmusk) July 8, 2025<\/a><\/p>\n\n

Token Jump Drives Trading Frenzy<\/p>\n

Solana\u2019s speedy network helped too. Transactions cleared in seconds, letting traders react without delay. That low\u2011fee environment amplifies meme coin rallies: when hype hits, people can buy or sell without worrying about high gas costs. In this case, volume spiked from around $120\u202fmillion to $214\u202fmillion in under a day.<\/p>\n

Looking Ahead, Caution Advised<\/p>\n

Despite the rush, crypto veterans warn that PNUT\u2019s gains could reverse just as fast. Meme tokens lack fundamentals, and hype fades quickly. Traders could face losses if views shift or if Musk moves on to the next joke.<\/p>\n

For now, Musk\u2019s satirical jab has put Peanut the Squirrel on center stage. Whether PNUT can hold its gains may depend on more viral moments\u2014and on whether investors remember to take profits before the next twist.<\/p>\n

No \u2018Client List\u2019<\/p>\n

Meanwhile, according to a memo obtained by Axios,<\/a> the Justice Department and FBI under US President Donald Trump found no evidence that convicted sex offender Jeffrey Epstein blackmailed powerful individuals, kept a \u201cclient list,\u201d or was murdered.<\/p>\n

Featured image from Meta, chart from TradingView<\/em><\/p>","protected":false},"excerpt":{"rendered":"

A sudden social media jab sent Solana\u2019s Peanut the Squirrel token soaring this week. In a Tuesday post, billionaire Elon Musk criticized US authorities for ignoring names on the Jeffrey Epstein \u201cclient list\u201d, quipping that \u201cmore squirrels and raccoons have been arrested\u201d than any Epstein affiliates. A nod to a squirrel named Peanut\u2014said to have […]<\/p>\n","protected":false},"author":0,"featured_media":79440,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-79439","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/79439"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=79439"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/79439\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/79440"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=79439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=79439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=79439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}