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BTCC / BTCC Square / Coindesk /
šŸš€ Memecoin PNUT Skyrockets After Elon Musk Drops Epstein Reference

šŸš€ Memecoin PNUT Skyrockets After Elon Musk Drops Epstein Reference

Author:
Coindesk
Published:
2025-07-09 06:08:51
14
2

Memecoin PNUT Rips on Elon Muskā€™s Epstein Cue

When Elon speaks, memecoins moveā€”and PNUT just got the ultimate endorsement-by-implication.

### The Musk Effect Strikes Again

Another day, another cryptic tweet sending shockwaves through crypto. This time itā€™s PNUT, the meme token thatā€™s eating Bitcoinā€™s lunch (or at least its snack money).

### Why This Pump Isnā€™t Just Hot Air

Forget fundamentalsā€”this is pure narrative trading. The Epstein nod triggered algo bots and degenerate gamblers alike, proving once again that crypto markets run on vibes and billionaire subtweets.

### A Cynicā€™s Footnote

Meanwhile, traditional investors are still waiting for that ā€˜institutional adoptionā€™ they were promised. Maybe next cycle.

|Square

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