What Is Peanut the Squirrel (PNUT) and Why Is It Popular?

Table of Contents

Peanut the squirrel

Share

A meme coin, Peanut the Squirrel (PNUT), is a fun and community-powered cryptocurrency on the Solana blockchain. 

It was created to honor a famous pet squirrel named Peanut, who gained popularity on social media. 

Peanut belonged to an influencer named Mark Longo and had many followers on Instagram and TikTok who loved watching his cute videos and learning about his story.

In this article, I will be talking about what Peanut the Squirrel (PNUT) is, why people love it, and how it became a popular meme coin after the emotional story of Peanut’s life, including the controversy around his confiscation and euthanization.

Read Also: Top 27 Must See Bitcoin Memes That Went Viral

Key Takeaway

  • Peanut the Squirrel (PNUT) is a meme coin on the Solana blockchain, inspired by a real pet squirrel named Peanut.
  • Peanut was rescued in 2017 by Mark Longo after his mother was killed in NYC.
  • Peanut became a social media star with over 600,000 followers thanks to his cute videos.
  • Mark Longo used Peanut’s fame to start “Peanut’s Freedom Farm,” a sanctuary for rescued animals.
  • In October 2024, Peanut and a pet raccoon were seized and euthanized by state officials over rabies concerns.

Who Is Peanut the Squirrel?

A picture of peanut the squirrel

Source: Google

An Eastern gray squirrel named Peanut became famous around the world because of his special friendship with a man named Mark Longo.

In 2017, Mark found Peanut as a baby after seeing his mother get hit by a car in New York City. Mark took the tiny squirrel home to help him get better. At first, Mark planned to help Peanut heal and then let him go back to the wild. But when Mark tried to release him, Peanut came back hurt. So Mark decided to keep Peanut as his pet.

Join UEEx

Experience the World’s Leading Digital Wealth Management Platform

Sign UP

Peanut quickly became a star on social media. People loved watching videos of him eating waffles, playing around, and acting almost like a human. He got more than 600,000 followers on Instagram and other websites. His funny videos made many people smile every day.

Mark used Peanut’s fame to help other animals, too. He started a place called “Peanut’s Freedom Farm” that takes care of over 300 rescued animals. Peanut became the face of this special farm that helps animals in need.

Pnutsfreedomfarm website

Source: Pnutsfreedomfarm

Sadly, Peanut’s story had a very sad ending. In October 2024, government workers came to Mark’s house and took Peanut and another pet raccoon named Fred.

They said keeping wild animals as pets was against the law. When Peanut bit one of the workers, both animals were put down to test for a disease called rabies. The test showed they were healthy.

On Oct 30, DEC seized a raccoon and squirrel sharing a residence with humans, creating the potential for human exposure to rabies. In addition, a person involved with the investigation was bitten by the squirrel. To test for rabies, both animals were euthanized,” the agencies said in a statement, CBS News in New York reported

When people heard what happened to Peanut, they became very upset. Many famous people, like Elon Musk, spoke out about it. People started petitions and tried to make new laws to protect animals like Peanut.

Elon Musk’s Involvement In PNUT

After the news spread, Elon Musk got involved in the story of Peanut the Squirrel. He used his large following on X (formerly Twitter) to talk about it. 

Musk was upset that the government had entered someone’s home and killed Peanut, saying, “The government should not be allowed to barge into your house and kill your pet!” 

He also said that even if owning a squirrel is illegal, they could have just released Peanut into the forest instead of killing him.

Source: X

Because Musk has a huge number of followers, his posts got a lot of attention. People started talking more about animal rights, the power of the government, and how stories like Peanut’s can grow fast on the internet.

Source: X

His support brought even more attention to Peanut’s story, and many people also became interested in the PNUT meme coin, which is connected to it. Musk’s involvement helped make the coin more popular by bringing emotion and awareness to the story.

Read Also: Tomo Cat; The Viral Telegram Pet That’s Turning Web3 into a Game

What is the $Pnut Coin?

Built on the Solana blockchain, the $PNUT Coin is a meme coin and was created not just for laughs, but also to support animal rights and bring people together around a cause.

What you need to know about the coin:

  • There are 999,856,448 $PNUT tokens, and all of them are already in circulation. This fixed number makes the coin scarce, which can make it more valuable if more people want it.
  • $PNUT was released fairly in November 2024, meaning everyone had an equal chance to get it.
  • Besides being a meme coin, $PNUT helps raise money and awareness for animal welfare.
  • It quickly gained a large following, with over 17,000 Twitter fans supporting and sharing its story.
  • Being on Solana means the coin benefits from fast transactions and low fees.
  • $PNUT is available on platforms like Orca, Raydium, and even Binance. After being listed on Binance, its market value jumped over $1 billion in just two days.

Also, the creators of $PNUT are anonymous, which is common in crypto but still something to be cautious about.

How to Buy Peanut the Squirrel (PNUT)?

Just like any other crypto, buying Peanut the Squirrel (PNUT) follows a straightforward process. 

PNUT is a newly launched meme coin on the Solana blockchain that currently trades at around $0.254 USD and is available for buying, selling, and holding on all the major centralized and decentralized exchange platforms.

Create an Account

PNUT website

Source: PNUT

The first step is picking where you want to buy PNUT. It currently trades on platforms like KuCoin, where users can buy, sell, and hold PNUT tokens. Peanut the Squirrel (PNUT) Price, Live Chart and Data.

You can also find it on other major exchanges like Binance, Coinbase, and Robinhood. Each platform has different features, so pick one that works best for you based on fees, ease of use, and payment methods.

Add Money to Your Account

Once your account is ready, you need to deposit money. You can do this using a bank transfer, credit card, or even cash (if the platform allows it). After adding the money, it will show up in your account balance.

Buy PNUT

Now you’re ready to buy. Search for “PNUT” on the platform. Choose how much you want to buy and confirm the transaction. The platform will handle the rest, and your PNUT tokens will appear in your wallet.

Store Your PNUT

You can keep your PNUT in the wallet on the platform, which is quick and easy. If you want extra safety, you can move the tokens to your wallet by copying your wallet address and following the withdrawal steps.

Conclusion

Peanut the Squirrel’s story shows how a small pet can touch millions of hearts. What started as a man rescuing a baby squirrel became a social media sensation that brought joy to over 600,000 followers. 

Though Peanut’s life ended sadly when government workers took him away, his memory lives on through the PNUT meme coin. 

Join UEEx

Experience the World’s Leading Digital Wealth Management Platform

Sign UP

This cryptocurrency on the Solana blockchain is more than just digital money; it’s a way for people to remember Peanut and support animal rights. 

With support from famous people like Elon Musk and listings on major exchanges like Binance, PNUT has grown quickly and brought together a community that cares about animals.

Frequently Asked Questions

What Is the Peanut the Squirrel Coin About?

It’s a meme coin on the Solana blockchain named in memory of Peanut, a famous pet squirrel. It rides on community emotion and social media hype.

How Much Is the Pnut Squirrel Coin Worth?

It’s trading around $0.26, with a market cap of about $260 million.

What’s the Story Behind Peanut the Squirrel?

Peanut was an Eastern gray squirrel adopted in 2017 by Mark Longo, became an Instagram star but was seized and euthanized by New York officials in October 2024 amid rabies concerns, sparking public outrage. 

How to Buy Peanut the Squirrel Coin?

You can buy PNUT on major crypto exchanges like Binance, Coinbase, Gate, MEXC, or via Solana-based platforms.

Is PNUT Coin a Good Investment?

It’s risky and highly volatile. Prices shot up fast, tied to media buzz and sentiment, but they lack real utility. Its value depends on hype, not fundamentals. 

Disclaimer: This article is intended solely for informational purposes and should not be considered trading or investment advice. Nothing herein should be construed as financial, legal, or tax advice. Trading or investing in cryptocurrencies carries a considerable risk of financial loss. Always conduct due diligence before making any trading or investment decisions.