"How Much Will the Squirrel Coin $pnut Rise to?"
Recently, Binance has launched pnut, which has been continuously rising. Many newcomers still don't know what this coin is, so here’s a brief introduction.
1. Origin of the Presidential Election
Initially, the Democratic Party sent a large police force to a famous influencer's home to capture a squirrel, believing that keeping a squirrel was illegal. This influencer's squirrel, named peanut, was particularly cute and had many fans online. Later, the police detained the owner, captured the squirrel, and then euthanized it.
After the influencer tearfully recounted this incident online, it sparked a huge backlash and condemnation, with Musk angrily tweeting multiple times about the corruption of government agencies.
As Trump's biggest supporter in the election, Musk tweeted at a critical moment before the election: "The government does not arrest illegal immigrants and murderers, but instead kills squirrels, but Trump will save them."
This wave of action cost a lot of money. The Trump administration also issued a statement condemning the Democratic Party for this inefficiency and waste of taxpayer money, which resonated widely, becoming a key event before the election!
Trump's eldest son, Donald Trump Jr., stated: "The death of Peanut should catalyze real change, using votes to kick out the current government!"
At this time, the pnut token also exploded on the Solana chain, with trading volume reaching hundreds of millions of dollars within a few hours, and later it was directly listed on Binance, skyrocketing to a market cap of 500 million and starting to consolidate.
Due to Musk's involvement and the listing on Binance, pnut stabilized at the first position with a market cap of 500 million.
However, a significant change occurred on the 13th, bringing new possibilities.
2. Squirrel Saves America
On the 12th, Musk was announced as the head of the Department of Government Efficiency, leading a newly established department.
On the morning of the 13th, Musk replied to a prominent influencer with a statement: "A squirrel and a meme coin saved America!"
This squirrel played an important role in Trump's victory (in past elections, the vote difference between the two parties has sometimes been just a few thousand votes), triggering widespread dissatisfaction with the current government.
Musk's appointment to the government efficiency department echoed his previous tweets about streamlining agencies, improving efficiency, and saving America.
With Musk's tweet, the status of pnut was officially announced, and this meme coin gained a status similar to that of Doge during the 2021 bull market.
Coincidentally, pnut had already been listed on Binance, gaining significant attention and trading volume, reminiscent of the legends of Doge and Shib.
But that's not all. Musk continued to tweet his stance, and when someone complained about "the government spending large sums of money researching transgender monkeys and AIDS," Musk replied with the peanut symbol, which is exactly the name of pnut, continuing to convey his determination to change everything after the pnut incident!
3. The Crypto World and Memes
In the crypto world, besides BTC, the two meme coins with the greatest wealth effect are Doge and Shib, with the former peaking at 100 billion dollars and the latter over 60 billion dollars.
Doge exploded because Musk repeatedly promoted it as the currency of humanity, while Shib also had a strong correlation with Musk.
Their market cap legends left a deep impression on the crypto community, and during this bull market, when Bitcoin broke its previous high, Doge surged from over 10 billion to over 40 billion dollars in just a few days, also related to Musk.
The logic surrounding Musk's influence is simple: meme coins are about attention, and the biggest attention globally is Musk.
In contrast, if Doge in 2021 represented entertainment, trendiness, and youth culture, then this time, pnut represents politics, reform, and the fate of America, embodying a more mature Musk.
How much should this squirrel that saves America be worth?
Currently, Doge is valued at 57 billion dollars, Shib at 14.4 billion, and Pepe at 5.2 billion, while pnut is only at 1 billion.
This could be the best target for big money to enter the market, so the rise of pnut is likely to leave people astonished, becoming a focus for global big money.
A billionaire Dogecoin mogul told me that if pnut succeeds, he will finally invest heavily again.
Another super mogul recounted how he bought Doge with 100 BTC at a 50 billion market cap during the last bull market and later sold it for 800 BTC, a memory that still lingers.
4. Historical Review
At this point, it’s particularly suitable to review Doge and Shib to predict pnut's trajectory.
Doge:
Followed Bitcoin's bull market, rising for six months!
Three waves of increases, each wave by 10 times! 100 million rose to 1 billion, 1 billion to 10 billion, 10 billion to 100 billion.
It was that crazy, that straightforward!
Shib:
Like Doge, it rose without a pullback, from a few million dollars to hundreds of billions, rising for six months, increasing by 100 times, with daily gains.
This is the madness of a bull market, this is the power of Musk.
So how will this round of pnut perform? If you are an institution or big money, you only have three choices: BTC, DOGE, and PNUT.
How to choose? Perhaps with Bitcoin at 16 trillion, Doge at over 50 billion, and pnut at 1 billion, it’s not too hard to make the right choice.
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Tips: pnut has been listed on Binance and can be purchased directly there. If you don’t have a Binance account, you can use the registration link on my homepage to save 20% on fees permanently— you can also directly enter the invitation code RWIMTPK2.
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