Pine City (New York) – Forget Bitcoin! The election of Donald Trump (78) as US President drove the price up by more than 30 percent within a week. Peanut, the Instagram squirrel killed by the US Environmental Protection Agency, gave crypto investors a profit of more than 1000 percent within 24 hours.
Anyone who bet 1,000 euros on the peanut coin PNUT on Tuesday could have bought a small car on Wednesday! But be careful of such meme coins. “They rarely make you rich. Investors almost always lose everything,” warns financial diva Katja Eckardt (44).
Warns about PNUT Coin and Co: financial diva Katja Eckardt
Photo: Photogenica
The death of Instagram squirrel “Peanut”
Review: The Environmental Protection Agency in New York State confiscated the most famous squirrel in the USA two weeks ago. Peanut has 910,000 posthumously Followers on Instagram. But Peanut was euthanized by the office.
Mark Longo (34) made the tame “Peanut” a social media star and put the proceeds into animal welfare
Photo: Mark Longo/Mark Longo via AP/dpa
His owner Mark Longo (34) did not have permission to keep wild animals. Longo built the tame squirrel into a social media star with funny videos. He used the income to finance the rescue of 300 animals.
The death sparked outrage and a crypto boom
Peanut’s death shocked his fans and gave the financial world a new meme coin. A meme coin is a type of digital currency often created for fun or as a joke, relating to internet memes or trends. The “PNUT” is traded like Bitcoin.
However, it is still significantly more speculative than the best-known cryptocurrency. Meme coins occasionally experience a boom. Often the course falls into a bottomless place after a short upswing.
Become a millionaire with squirrel coin?
BILD asked stock market expert Katja Eckardt: How do I become a millionaire with a dead squirrel?
The answer: “Anyone can become a millionaire. With Bitcoin, reaching your first million is probably more relaxed.”
According to crypto expert Katja Eckardt, it is rare for profits of 1000 percent to be realized in one day… “But nothing is impossible in the crypto world.”
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However, she warns about the meme coins that only make a few rich: “Most speculators jump on the bandwagon too late. This happens when they hear about extreme price jumps. You then quickly become a victim of pump and dump methods. The early bird catches the worm. Anyone who comes here late may risk a total loss.”
The expert’s tip: “Stay away from the squirrel coin. If you can’t help it, you should only use play money.”
