Viral Squirrel ‘Peanut’ Sparks $100M Solana Memecoin Boom

Viral Squirrel ‘Peanut’ Sparks $100M Solana Memecoin Boom

The controversial euthanization of “Peanut the Squirrel” has sparked a memecoin surge on the Solana blockchain, with some tokens reaching market valuations surpassing $100 million. This unexpected wave of Peanut-themed digital assets underscores the power of online culture in influencing decentralized finance (DeFi) markets. Peanut’s death came after New York's Department of Environmental Conservation (DEC) reportedly confiscated and euthaniz...

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