Viral squirrel ‘Peanut’ triggers Solana memecoin frenzy

Viral squirrel ‘Peanut’ triggers Solana memecoin frenzy

From cointelegraph.com

Memecoins, riding the sudden rise in popularity of “Peanut the Squirrel,” has hit the Solana decentralized finance (DeFi) markets, with some tokens even reaching a market capitalization above $120 million. Mark Longo, the owner of Peanut’s social media account with over 600,000, wrote that on Oct. 30, New York’s Department of Environmental Conservation confiscated and euthanized the popular squirrel and a raccoon named “Fred.” This follows complaints of alleged unsafe housing for Peanut. Longo wrote on Instagram: “Well internet, you WON. You took one of the most amazing animals away from me because of ... (full story)

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