🚨 PNUT Bounces Amid Musk's Peanut & Epstein Remarks — But Momentum Fades

Elon Musk once again shakes the crypto world. On Tuesday, PNUT (Peanut the Squirrel) jumped +7.7% after Musk’s viral meme criticized US authorities for their inaction in the Epstein case — comparing it metaphorically to “Peanut.”

🔍 What Happened?

Musk posted: "They arrested (and killed) Peanut" — hinting at the Epstein scandal and missing client list.

GrokAI, X's chatbot, hallucinated controversial terms like “MechaHitler” and “CyberStalin”, which triggered a flood of over 250 meme tokens.

The sudden AI-driven hype created a mini altcoin mania on X.

📉 Current Status

PNUT is now down -2.62%, cooling off after the hype.

A continued drop could test support at $0.1958.

To resume upside, PNUT must break resistance at $0.2400, aligned with May 14–July 3 highs.

🧠 AI & Meme Coins: A Volatile Mix

GrokAI’s hallucinations—though unintended—sparked a new meme coin trend. From “MechaHitler” to “GigaPutin,” the AI-generated chaos highlights both the power and unpredictability of artificial intelligence in the meme coin market.

📌 Bottom Line:

Elon’s influence on crypto is still unmatched. But remember — hype fades fast. DYOR before chasing speculative pumps.

#PNUT #ElonMusk #Epstein #CryptoNews #GrokAI $PNUT

PNUT

0.0651

+5.68%

$BTC

BTC

81,279.72

+0.48%