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Meme Coin Created in Honor of Peanut the Squirrel Surges Into Top 100 Cryptocurrencies

The meme coin’s market value is hovering around $1.4 billion.

Mark Longo via AP
Peanut was seized by officers from the state Department of Environmental Conservation at Mark Longo's home at rural Pine City, New York on October 30, 2024. Mark Longo via AP
BRADLEY CORTRIGHT
BRADLEY CORTRIGHT

Peanut the squirrel, a rodent turned social media star turned martyr after being euthanized by investigators, is living on in the crypto world.

After agents with New York’s Department of Environmental Conservation euthanized Peanut and a raccoon named Fred to test them for rabies, a cryptocurrency was launched last month in the squirrel’s honor: PNUT — no crypto for Fred, sadly.

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BRADLEY CORTRIGHT
BRADLEY CORTRIGHT

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