During the 2024 U.S. presidential election, the accidental death of a social media-famous squirrel named “Pnut” not only sparked a political storm regarding animal rights but also gave rise to Solana The explosive popularity of the on-chain Meme coin PNUT (Peanut the Squirrel). Fueled by a tweet from Tesla CEO Elon Musk, PNUT once set an astonishing record of a 25-fold increase in just 4 days (from $0.1 to $2.5). Now entering June 2025, how will this token, which embodies protest and community enthusiasm, perform in terms of price in the future?
The surge of PNUT is rooted in a social event: the internet-famous squirrel “Peanut” was seized and euthanized by the New York Department of Environmental Conservation (DEC), leading its owner Mark Longo to protest on social media, which quickly ignited public outrage over government overreach. This incident escalated due to Elon Musk’s repeated criticisms on the X platform, with his remark “The government is a merciless killing machine” directly igniting market enthusiasm.
Subsequently, whales entered the market to buy in bulk (for instance, a certain address spent 830,000 USD to acquire 8.99 million PNUT), and major trading platforms like Gate quickly launched trading, driving its market cap to soar from 3 million USD to 140 million USD within 3 days, with a single-day increase of up to 1,400%. This “triple resonance” formed by social sentiment + celebrity effect + exchange support became the core logic behind the early surge of PNUT.
Similar to other Meme coins, the value support of PNUT highly relies on community consensus and market sentiment, and its features include:
However, the risks are equally significant: the historical warning that 99.9% of Meme coins eventually go to zero, excessive reliance on hype, and a lack of substantial technological moats.
Based on the perspectives of multiple analysis platforms and traders, PNUT in 2025 will be Price Trend Present significant divergences, key intervals are as follows:
Short-term catalysts include: Musk mentioning it again, the fermentation of animal rights issues, or being listed on more exchanges.
The road for PNUT in 2025 is bound to be full of bumps. On one hand, its low market cap characteristic and the still lingering community enthusiasm retain the possibility of hitting a high point; on the other hand, the inherent fragility of Meme coins makes them highly susceptible to market sentiment reversals. For investors, strictly adhering to the principle of “only investing funds that you can afford to lose,” dynamically tracking community developments and catalyst events, or participating in this high-risk game are better strategies.