The crypto memecoin ecosystem has been dancing to the tunes of different animals of late. With dogs, cats, and frogs briefly stepping aside, squirrels now seem to be stealing the show.
Background
- A bunch of squirrel-themed crypto assets have managed to amass thousands of dollars in liquidity and secure market caps worth millions of dollars
- Their token age revolves around the 1-day to 4-day bracket
- Most tokens ended up creating a high on the price front on Sunday
- However, at press time, they were seeing retracing, down 40%-60% on the daily window
Details
- Mark Longo, the manager of Peanut’s social media handle recently revealed that New York’s Department of Environmental Conservation seized and euthanized the squirrel
- Alongside, a raccoon named Fred was subject to the same
- Longo first rescued the squirrel around seven years back
- He had seen Peanut’s mother get hit by a car
- Owing to an injury, Longo knew that Peanut would not be able to survive in the wild
- In retrospect, he nursed Peanut back to health and became his caretaker
Why should you pay attention?
- Stalwarts like Elon Musk have raised their voice against this, calling the government a “mindless and heartless killing machine”
- The rise in popularity was happily embraced with open arms by memecoin creators
- In no time several tokens related to the squirrel Peanut were created
Who said what?
- Longo said,
"Well internet, you WON. You took one of the most amazing animals away from me because of your selfishness. I’m in shock, disbelief, and disgusted [with] the people who did this to PNUT.”
- Chalking out the relationship he shared with the squirrel, Longo affirmed,
“For the last 7 years, Peanut has been my best friend. He’s been the center of my world and many of yours for so long, I don’t know how to process this, emotionally.”
- He added,
“To the group of people who called DEC [Department of Environmental Conservation], there’s a special place in hell for you.”
- Meanwhile, Musk emphasized,
“The government should not be allowed to barge into your house and kill your pet! That’s messed up. Even if it is illegal to have a pet squirrel (which it shouldn’t be), why kill PNut instead of simply releasing him into the forest!?”
Zooming out
- Longo intends to set up a fundraiser for everyone who want to donate in Peanuts' name
- He assured that he will “never give up” on this non-profit nor on those who fell in love with Peanut
