BREAKING: Elon Musk Mentioned the Name of the New Memecoin Again – Sudden Spike in Price

Elon Musk mentioned the name of the PNUT token, which is also listed on Binance, on the social media platform X.

As is known, a squirrel named Peanut was put to sleep by US authorities, which drew the reaction of Elon Musk. Musk wrote in his statement, “rest in peace PNUT.”

Following this, there was a sudden increase in the price of the PNUT token.

Chart showing the rise in price of the PNUT token.