The post Peanut The Squirrel Pumps For Trump As Dogizen Presale Approaches $1.4M Raised appeared on BitcoinEthereumNews.com.

Peanut The Squirrel did not die in vain—a token, PNUT, named after the beloved pet, has rallied by more than 2x this week, and now sits at a market cap of over $100 million. Elsewhere, the crypto market is responding positively to the election of President Donald Trump in the US, with Bitcoin smashing another all-time high above $76k, and Telegram gaming presale, Dogizen, nearing the end of its second ICO stage. DOGIZ has now raised over $1.25 million before even hitting the market publicly, setting a raucous precedent that could see a long-term rally take shape when the token reaches the open market. RIP Peanut Peanut the Squirrel was rescued by New York resident Mark Longo in 2017, and kept as a beloved pet with a viral Instagram account until October 30th, 2024, when a New York environmental agency seized and euthanized him. The internet rightly got fired up over this, with reports that even President Trump himself was angered by the governmental overreach. However, Peanut (also spelled P’nut) has now been immortalized in the form of a meme coin, and the PNUT token is carrying on Peanut’s legacy. The token was created shortly after Peanut’s death, and has quickly risen, in less than a week, to a market cap of over $100 million, hitting a new all-time high and even reaching $150 million overnight. While Peanut supporters may want to hold PNUT tokens in their wallet as an act of defiance against the state, it’s not clear whether this investment will produce lasting returns. Although P’nut will live on in our hearts forever, the sad reality is that a new meme could steal the token’s market cap over the next few weeks. Dogizen: The better pet for profit Dogizen is fronted by a mascot who is arguably just…

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Filed under: News - @ November 8, 2024 6:27 am