The role of cryptocurrencies in elections is undeniable, as they have become intertwined with political events. Days before the elections, law enforcement visited a citizen’s home in the U.S. and killed their pet squirrel for rabies testing. The death of the popular squirrel sparked considerable outrage across the nation.
PNUT Coin
The squirrel was a social media sensation, and it inspired a meme coin named PNUT Coin. As this event captured national attention, PNUT Coin experienced significant gains, with major exchanges listing it and Elon Musk discussing the incident extensively. Although it involved a deceased squirrel, it was a poignant example of the government’s excessive authority. This incident ultimately aided in Trump’s election victory.
Judicial Insight
Supreme Court Justice Neil Gorsuch cited the Peanut Squirrel case as a classic example of governmental overreach.
“I have seen many cases like this. If you believe the newspapers, some of you may have seen one recently. Yes, I’m talking about the squirrel Peanut.”
Elon Musk amplified this comment by tweeting, “I love Gorsuch. RIP PNut.” This tweet triggered a surge of over 25% in PNUT’s value. PNUT has become a significant symbol and may continue to hold relevance in the medium to long term.