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		<title>Elon Musk Posted, Market Shifted: Which Coin Was Affected? </title>
		<link>https://coinengineer.net/blog/elon-musk-posted-market-shifted-which-coin-was-affected/</link>
					<comments>https://coinengineer.net/blog/elon-musk-posted-market-shifted-which-coin-was-affected/#respond</comments>
		
		<dc:creator><![CDATA[Yeliz Akmaca]]></dc:creator>
		<pubDate>Wed, 09 Jul 2025 07:16:54 +0000</pubDate>
				<category><![CDATA[Crypto News]]></category>
		<category><![CDATA[crypto whale trades]]></category>
		<category><![CDATA[Elon Musk crypto]]></category>
		<category><![CDATA[elon tweet token]]></category>
		<category><![CDATA[low cap meme coins]]></category>
		<category><![CDATA[meme coin surge]]></category>
		<category><![CDATA[meme token trend]]></category>
		<category><![CDATA[musk coin effect]]></category>
		<category><![CDATA[peanut token news]]></category>
		<category><![CDATA[PNUT price action]]></category>
		<category><![CDATA[social media crypto]]></category>
		<category><![CDATA[squirrel meme coin]]></category>
		<category><![CDATA[X platform crypto]]></category>
		<guid isPermaLink="false">https://coinengineer.net/blog/?p=45758</guid>

					<description><![CDATA[<p>Elon Musk caused a notable stir in the meme coin market with a new post on X. Referring to the famous squirrel &#8220;Peanut,&#8221; Musk harshly criticized the state system. Immediately following his post, the price of Peanut the Squirrel (PNUT) coin surged by 13.5%, rising from $0.211 to $0.239.  In his post, Musk stated: “They</p>
<p>The post <a href="https://coinengineer.net/blog/elon-musk-posted-market-shifted-which-coin-was-affected/">Elon Musk Posted, Market Shifted: Which Coin Was Affected? </a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><span data-c><strong>Elon Musk</strong> caused a notable stir in the meme coin market with a new post on X. Referring to the famous squirrel <strong>&#8220;Peanut,&#8221;</strong> Musk harshly criticized the state system. Immediately following his post, the price of Peanut the Squirrel (PNUT) coin surged by 13.5%, rising from $0.211 to $0.239.</span><span data-ccp-props="{}"> </span></p>
<p><span data-c>In his post, Musk stated: “They arrested (and killed) Peanut, but didn’t charge anyone on the Epstein client list. The state is already broken.” This sharp comment not only delivered a strong political message but also brought PNUT coin back into the spotlight.</span><span data-ccp-props="{}"> </span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
<p lang="en" dir="ltr">They arrested (and killed) Peanut, but have not even tried to file charges against anyone on the Epstein client list.</p>
<p>Government is deeply broken. <a href="https://t.co/YndRadQUBE">pic.twitter.com/YndRadQUBE</a></p>
<p>&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1942636971450589642?ref_src=twsrc%5Etfw">July 8, 2025</a></p></blockquote>
<p></p>
<p><span data-c>Previously, Peanut coin had also seen sharp spikes due to Musk&#8217;s influence. Launched in October, PNUT reached a market cap of $120 million shortly after Musk’s earlier post. Investors made significant profits during this brief rally.</span><span data-ccp-props="{}"> </span></p>
<h2><span data-c>Which Coins Did Musk’s Posts Skyrocket Before?</span><span data-ccp-props="{}"> </span></h2>
<p><span data-c>Elon Musk’s influence on social media has frequently triggered sudden price movements in the crypto market. Projects like <a href="https://coinengineer.net/blog/elon-musk-steps-back-doge-mission-comes-to-an-end/"><strong>Dogecoin (DOGE)</strong></a>, <strong>Floki Inu (FLOKI)</strong>, and <strong>Grok (GROK)</strong> have soared with a single Musk tweet.</span><span data-ccp-props="{}"> </span></p>
<p><span data-c>For instance, in <strong>2021</strong>, Dogecoin surged over 500% following his &#8220;Doge Barking at the Moon&#8221; post. Similarly, Floki Inu skyrocketed within days after Musk revealed his dog’s name was Floki.</span><span data-ccp-props="{}"> </span></p>
<p><span data-c>These examples clearly demonstrate how Musk&#8217;s online influence leads to rapid pricing shifts in the crypto space.</span><span data-ccp-props="{}"> </span></p>
<h2><span data-c>Whale Activity and Past Volatility in PNUT Coin</span><span data-ccp-props="{}"> </span></h2>
<p><span data-c>Historical price trends of <strong>PNUT</strong> show that investor behavior is often driven by Musk’s influence. According to Lookonchain data, a whale spent around 5,100 SOL to purchase <strong>8.99 million PNUT tokens</strong> — a transaction worth $831,000. This major buy, along with Musk&#8217;s post, helped <strong>PNUT exceed a $120 million</strong> market cap in October 2024.</span><span data-ccp-props="{}"> </span></p>
<p><span data-c>However, as profit-taking continued, the market cap dropped from nearly $120 million to $58.6 million. According to CoinMarketCap, PNUT’s current market cap stands at approximately $227 million.</span><span data-ccp-props="{}"> </span></p>
<p><span data-ccp-props="{}"><em>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our <a href="https://t.me/coinengineernews" target="_blank" rel="noreferrer noopener nofollow"><strong>Telegram, </strong></a><a href="https://www.youtube.com/@CoinEngineer" target="_blank" rel="noreferrer noopener nofollow"><strong>YouTube</strong></a>, and <a href="https://twitter.com/coinengineers" target="_blank" rel="nofollow noopener"><strong>Twitter</strong></a> channels for the latest <a title="News" href="https://coinengineer.net/blog/news/" data-internallinksmanager029f6b8e52c="7">news</a> and updates.</em> </span></p>
<p>The post <a href="https://coinengineer.net/blog/elon-musk-posted-market-shifted-which-coin-was-affected/">Elon Musk Posted, Market Shifted: Which Coin Was Affected? </a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
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