<ul data-eligibleForWebStory="false"><li>Elon Musk’s tweet has sparked a significant surge in interest and trading volume for Peanut the Squirrel (PNUT) memecoin.</li><li>PNUT trading volume soared over 150% to $273 million following Musk's tweet.</li><li>Analysts predict a potential 654% price breakout for PNUT, citing bullish momentum.</li><li>The memecoin's popularity is driven by meme appeal and Musk's backing, despite lacking formal utility or protocol support.</li></ul>

Elon Musk’s tweet reignites interest in Peanut the Squirrel (PNUT) memecoin

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