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P’Nut the Squirrel’s owner starts crypto coin after feud with online investors



p’nut the squirrel A still-grieving owner is feuding with “delusional” cryptocurrency investors, claiming he is making millions from the tragic death of his famous pet – while making peanuts.

Mark Longo this week criticized P’Nut fans who launched so-called “memecoins,” or cryptocurrencies based on viral jokes featuring their beloved furry friend.

Several digital assets emerged in October and their values ​​continued to skyrocket Environmental Protection Department Agent raid Longo’s suburban home, where they capture P’Nut and his raccoon friend, Fred, before euthanizing them. behead them For rabies testing.

P’Nut the Squirrel owner Mark Longo is feuding with cryptocurrency investors this week, claiming they are profiting from the tragic death of his famous pet. facebook ygg alert

“I got really, really upset, and I started raising my hand and saying, ‘What’s going on without allocating some of my stuff for the farm?'” Longo, 34, told The Post, referring to the animal sanctuary he runs. Do not use.”

Tension between Longo and the crypto world became public earlier this week when he criticized X over those investing in one of the digital tokens known as the “Peanut” coin.

“You used my story, my squirrel and my [LIKENESS] To earn millions,” he boiled At “How would you feel if no one incorporated your nonprofit that made millions and then made an offer [FRACTION] Of the money you earned?”

He added, “You guys are confused.”

A group of investors in the “Peanut” coin said they were looking to partner with Longo — who launched his own crypto token called “Justice” on Wednesday.

“Peanuts” investors offered him a fractional percentage of the coin’s circulation at the time, which Longo called “a slap in the face” given the token. Multimillion-dollar market capSeveral “Peanuts” investors said their community still sent them donations of digital tokens worth $50,000.

Longo said that the fractional amount of “Peanuts” coins offered for the partnership was a “slap in the face” to investors. Instagram

According to Coin Gecko, Longo’s coin stands at a market capitalization of $14.5 million as of Friday afternoon, down from a high of $144.7 million hours prior to its initial launch on Wednesday.

He further said, the “Justice” coin has a clear mission to help support their animal sanctuary.

“They are looking out not only for me, but also for my animals in the future,” said Longo, who confirmed that he received a “large donation” from “Justice” coin investors, but declined to share the amount. .

Shortly thereafter Longo launched his own coin with a different group of investors, called the “Justice” coin. justicepnutandfred.com

The original “Peanut” coin investors claimed they launched their token about two weeks before P’Nut’s untimely death, to celebrate the squirrel’s online virility.

He insisted that Longo misunderstood the dynamics of his coin’s crypto community. One person told The Post that the vast majority of the more than 11,000 investors in their token only have $100- to $1,000 worth of the digital asset, and they are not seeing any windfall profits.

“People from this community would have come together, volunteered at his farm, sent him more money. But they decided they should own the whole thing,” said a 30-year-old early investor in the “Peanuts” coin, requesting anonymity.

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