Fact Checked by 
Mark Longo — the owner of the now-euthanized social-media-famous squirrel Peanut — launched his own token while threatening lawsuits against others.
Talking to his X audience on Nov. 25, Longo talked about the way he intends to react to the sterilization of his pets Peanut and Fred the Racoon. He also announced “the one and only” true Peanut memecoin.
What happened?
Peanut was an orphaned squirrel that was rescued by Longo and loved at his home. Following anonymous complaints, New York’s Department of Environmental Conservation officers took the squirrel alongside a Racoon named Fred who also lived at the property.
Both the animals were euthanized while in custody in order to check for signs of rabies in their brains. While talking to his audience, Longo promises that “justice will be served” to the state agencies responsible for what he perceives as a grave overreach. He said:
“The government’s not gonna get away with this. […] Justice will be served, for not only Fred and Peanut […] We will show the world that it’s not okay to overstep boundaries.”
This is the reason why his token’s full name is Justice for Pnut and Fred (JUSTICE). At the time of writing the token has a market cap of $44.11 million and a 24-hour volume of $38.29 million.
Over the last 24 hours, JUSTICE lost over 51% of its market value and is trading at $0.04515. It is the 2,836th digital asset by market cap.
Longo also expressed anger directed at the creators of unofficial memecoins featuring his deceased pets. He described their actions as profiting from his personal trauma and threatened to take legal action. He said:
“The crypto world has taken my tragedy and has profited every which way possible. […] The fact that people wanna make money off this is nothing short of despicable.”
Peanut (PEANUT) is trading at $0.051992 at the time of writing after losing over 9% of its value over the last 24 hours. The token’s market cap currently stands at nearly $816,000.
