Elon Musk mentioned the name of the PNUT token, which is also listed on Binance, on the social media platform X.
As is known, a squirrel named Peanut was put to sleep by US authorities, which drew the reaction of Elon Musk. Musk wrote in his statement, “rest in peace PNUT.”
Following this, there was a sudden increase in the price of the PNUT token.
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Source: https://en.bitcoinsistemi.com/breaking-elon-musk-mentioned-the-name-of-the-new-memecoin-again-sudden-spike-in-price/