$PNUT token was launched in memory of Peanut the squirrel, a social media sensation.Despite high trading volumes on Solana, the $PNUT token is not expected to sustain value, losing over 90% in value post-launch.Peanut’s passing stirred online outcry, touching on political tensions and sparking a viral, albeit short-lived, crypto reaction.The $PNUT token exists but is not considered a good investment opportunity, losing 90% after initial boom.