About Peanut the Squirrel

The seizure and subsequent euthanasia of “Peanut,” the beloved social media star squirrel, last year not only ignited public outrage but also became a flashpoint in a highly volatile election season. The events leading to the incident, detailed in an Associated Press report, have led to speculation about whether officials premeditated Peanut's fate, casting a shadow over the New York State Department of Environmental Conservation's actions.

With the end of March, Q1 2025 is also coming to a conclusion. This quarter was not the best for the crypto market, with its excessive losses and extreme volatility, similar to how meme coins operate.

The crypto market had a rather stable week, with the leader, Bitcoin, safe from witnessing any sharp rise or fall. This extended to the meme coins as well, with the lack of volatility resulting in altcoins taking a direction.

Is there a thing called the 'Robinhood effect?'

Key Highlights Meme coins – POPCAT, PNUT, and PENGU gained momentum after Robinhood announced their listing, driving investor interest despite broader market weakness. POPCAT surged 13.67% and is eyeing a breakout above $0.248, while PNUT saw an 8.50% rise, with holders and open interest surge.

Meme coins have struggled to regain momentum despite the recent listing of PENGU and PNUT on Robinhood. While these tokens were expected to surge, their price action has remained subdued, reflecting broader skepticism in the market, especially around meme coins.