{"id":45758,"date":"2025-07-09T10:16:54","date_gmt":"2025-07-09T07:16:54","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=45758"},"modified":"2025-07-09T10:16:54","modified_gmt":"2025-07-09T07:16:54","slug":"elon-musk-posted-market-shifted-which-coin-was-affected","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/elon-musk-posted-market-shifted-which-coin-was-affected\/","title":{"rendered":"Elon Musk Posted, Market Shifted: Which Coin Was Affected?\u00a0"},"content":{"rendered":"<p><span data-contrast=\"auto\"><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=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">In his post, Musk stated: \u201cThey arrested (and killed) Peanut, but didn\u2019t charge anyone on the Epstein client list. The state is already broken.\u201d This sharp comment not only delivered a strong political message but also brought PNUT coin back into the spotlight.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<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>\n<p>Government is deeply broken. <a href=\"https:\/\/t.co\/YndRadQUBE\">pic.twitter.com\/YndRadQUBE<\/a><\/p>\n<p>&mdash; Elon Musk (@elonmusk) <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1942636971450589642?ref_src=twsrc%5Etfw\">July 8, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-contrast=\"auto\">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\u2019s earlier post. Investors made significant profits during this brief rally.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/elon-musk-posted-market-shifted-which-coin-was-affected\/#Which_Coins_Did_Musks_Posts_Skyrocket_Before\" title=\"Which Coins Did Musk\u2019s Posts Skyrocket Before?\u00a0\">Which Coins Did Musk\u2019s Posts Skyrocket Before?\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/elon-musk-posted-market-shifted-which-coin-was-affected\/#Whale_Activity_and_Past_Volatility_in_PNUT_Coin\" title=\"Whale Activity and Past Volatility in PNUT Coin\u00a0\">Whale Activity and Past Volatility in PNUT Coin\u00a0<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Which_Coins_Did_Musks_Posts_Skyrocket_Before\"><\/span><span data-contrast=\"auto\">Which Coins Did Musk\u2019s Posts Skyrocket Before?<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span data-contrast=\"auto\">Elon Musk\u2019s 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=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">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\u2019s name was Floki.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">These examples clearly demonstrate how Musk&#8217;s online influence leads to rapid pricing shifts in the crypto space.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Whale_Activity_and_Past_Volatility_in_PNUT_Coin\"><\/span><span data-contrast=\"auto\">Whale Activity and Past Volatility in PNUT Coin<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span data-contrast=\"auto\">Historical price trends of <strong>PNUT<\/strong> show that investor behavior is often driven by Musk\u2019s influence. According to Lookonchain data, a whale spent around 5,100 SOL to purchase <strong>8.99 million PNUT tokens<\/strong> \u2014 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=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">However, as profit-taking continued, the market cap dropped from nearly $120 million to $58.6 million. According to CoinMarketCap, PNUT\u2019s current market cap stands at approximately $227 million.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{}\"><em>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><strong>Telegram,\u00a0<\/strong><\/a><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><strong>YouTube<\/strong><\/a>,\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Twitter<\/strong><\/a>\u00a0channels for the latest\u00a0<a title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\">news<\/a>\u00a0and updates.<\/em>\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<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.\u00a0 In his post, Musk stated: \u201cThey<\/p>\n","protected":false},"author":36,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[20201,19180,20205,20204,17640,20207,20203,20198,20199,20202,20200,20206],"class_list":["post-45758","post","type-post","status-publish","format-standard","hentry","category-crypto-news","tag-crypto-whale-trades","tag-elon-musk-crypto","tag-elon-tweet-token","tag-low-cap-meme-coins","tag-meme-coin-surge","tag-meme-token-trend","tag-musk-coin-effect","tag-peanut-token-news","tag-pnut-price-action","tag-social-media-crypto","tag-squirrel-meme-coin","tag-x-platform-crypto"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Elon Musk Posted, Market Shifted: Which Coin Was Affected?\u00a0 - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/elon-musk-posted-market-shifted-which-coin-was-affected\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Elon Musk Posted, Market Shifted: Which Coin Was Affected?\u00a0 - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"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. 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Referring to the famous squirrel &#8220;Peanut,&#8221; Musk harshly criticized the state system. 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