Peanut the Squirrel (PNUT) memecoin surged 97.3% in the past 24 hours, reaching a new all-time high (ATH).Elon Musk's tweet mentioning a squirrel and meme coin as the saviors of America stimulated PNUT's price rally.PNUT gained attention during the pre-election phase and recorded impressive price rallies.The memecoin's market cap surpassed $900 million mark.