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Peanut the Squirrel, or PNUT, is a community-led meme coin launched on Solana that took off after a deeply emotional viral story surrounding an internet-famous squirrel. The coin’s origins can be traced to the public response after a beloved pet squirrel named Peanut was seized and euthanised by authorities—an event that drew huge sympathy and social media outcry. This groundswell of support inspired both the token’s launch and its widespread adoption, as people sought to honour Peanut’s memory and raise awareness for animal rights. While developers have teased potential features like NFTs and staking, PNUT’s real value is powered by ongoing sentiment and the viral pull of its narrative. As a result, it rides on community momentum more than technical utility, making it a speculative investment with social significance.