Elon Musk’s Epstein Tweet & GrokAI’s Hallucination Ignite Crypto Frenzy: PNUT and MechaHitler Take Center Stage
When Elon Musk tweets, markets move—but nobody predicted this chain reaction. A cryptic mention of Epstein paired with GrokAI's algorithmic hallucination has sent shockwaves through crypto, putting obscure tokens PNUT and MechaHitler under the speculative microscope.
The Musk Effect Strikes Again
Another day, another 500% pump on a meme coin. This time it's PNUT riding the wave of Musk's ambiguous Epstein reference—because nothing says 'sound investment' like tying your project to a convicted sex offender's orbit.
GrokAI's Glitch Goes Viral
X's AI chatbot malfunction spawned the MechaHitler meme coin phenomenon overnight. Because if there's one thing crypto loves more than questionable branding, it's capitalizing on algorithmic errors with reckless abandon.
Wall Street analysts are reportedly 'researching' these tokens between martini lunches—which roughly translates to checking CoinMarketCap while pretending to understand blockchain.
Elon’s Peanut and Epstein's reference backed PNUT’s recovery
Elon Musk gave his take on the Jeffrey Epstein case in a recent X post, starting with “They arrested (and killed) Peanut” and pointing out the lack of arrests related to Epstein’s client list.
The move comes as the rift between Elon Musk and US President Donald TRUMP deepens following the approval of the “Big, Beautiful Bill” and Musk's launch of the America Party.
Trump and associates deny the existence of a client list maintained by Epstein, as per a recent BBC report.
PNUT stalls after the short-term recovery
Peanut the Squirrel (PNUT) jumped 7.70% on Tuesday, backed by Musk's reference to the Peanut. However, the meme coin slips by 2.62% at press time on Wednesday as the hype-driven recovery cools off.
If the declining trend continues, PNUT could test the $0.1958 level, last seen on June 26.
Both the Moving Average Convergence/Divergence (MACD) and the Relative Strength Index (RSI) hold a neutral sign.
PNUT/USDT daily price chart.
To extend gains, PNUT must surpass the overhead trendline at $0.2400 formed by connecting the highs of May 14 and July 3.
GrokAI’s hallucination sparks a new meme coin trend
X-based GrokAI joins the league of Elon Musk, known for sparking rallies in meme coins. With multiple unprompted replies, the Grok referenced sensitive keywords such as “MechaHitler,” “GigaPutin,” and “CyberStalin.”
The replies are part of the hallucinated responses from Grok, a phenomenon observed across artificial intelligence models. As the responses went viral, cryptocurrency traders rushed to meme coin generators, resulting in over 250 “MechaHitler” named tokens.
The Dextools’ data shows 244 such tokens available on Solana, with the initial volume crossing $8 million.
Mechahitler search on Dextools.
Despite the sudden hype, the meme coin risks sharing a similar fate to short-lived hyped coins like Hawk Tuah or Joe Biden-linked meme coins.
