Pnut the SquirrelPrice

(PNUT)

Peanut the Squirrel, known by the ticker symbol PNUT, is a community-driven cryptocurrency project launched on the Solana blockchain. The project serves as a digital tribute to a real-world Eastern gray squirrel named Peanut, who became a massive internet sensation before his passing in late 2024. The origin of the project is rooted in the story of Mark Longo, who rescued Peanut in 2017 after the squirrel's mother was killed in a car accident. Longo cared for the squirrel for several years, and Peanut eventually gained a following of hundreds of thousands of people on social media platforms like Instagram and TikTok. Users were drawn to videos of the squirrel interacting with his owner and wearing miniature hats. The transition from a social media phenomenon to a Web3 project occurred following a highly publicized legal incident. In October 2024, New York State authorities seized Peanut and a pet raccoon named Fred from Longo’s home, citing concerns over illegal wildlife possession and public safety. Both animals were subsequently euthanized, an event that sparked significant public outcry and debate across the internet. High-profile figures, including Elon Musk, commented on the situation, turning the story into a broader conversation about government overreach and animal rights. In the wake of this controversy, the PNUT token was created as a way for the online community to express solidarity and honor the squirrel's memory. As a Web3 project, PNUT functions primarily as a meme-based token that leverages the high speed and low transaction costs of the Solana network. While it is built on the culture of internet memes, the project is frequently associated with animal welfare advocacy and environmental causes. Many members of its community view the token as a symbol of compassion and a tool for raising awareness about the treatment of animals by regulatory agencies. The project relies heavily on its decentralized community and social media presence to sustain its narrative. It represents a growing trend in the crypto space where digital assets are born directly from viral real-world events and shared emotional experiences, moving beyond simple utility to become a form of cultural expression and social activism. Learn more

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