- Longo said he decided to launch a token he called Justice for Pnut and Fred ($JUSTICE) on Solana blockchain to honour the memories of the pets
- At the time of writing, $JUSTICE was trading at $0.03767, down 13.64% in the past day
- Longo said the $JUSTICE token “s the only coin I will be affiliated with forever
Mark Longo, owner of Peanut the squirrel and Fred the raccoon pets that recently broke the internet and was used by crypto enthusiasts to launch and popularise the $PNUT meme coin on Tuesday, November 26, 2024, said that he has launched his own token.
Longo, in a video he posted on his X account, said he has processed the deaths of his pests and has decided to launch a token he called Justice for Pnut and Fred ($JUSTICE) on the Solana blockchain to honour the memories of the pets.
"The government's not gonna get away with this," Longo said. "Justice will be served, for not only Fred and Peanut [...] We will show the world that it's not okay to overstep boundaries."
At the time of writing, $JUSTICE was trading at $0.03767, down 13.64% in the past day. According to Coinmarketcap, the token’s unverified market cap was $36.93 million and 24-hour volume of trade was down 58.01% to $29.19 million.
Owner of Peanut the squirrel and Fred the raccoon owner Threatens Lawsuit Against Crypto Community
Longo claims that his trauma and depressing reality have benefitted a number of parties. He claims that without his permission, numerous people have floated token projects based on the tale of his pets.
"The crypto world has taken my tragedy and has profited every which way possible," Longo said. He described the ordeal as “one of the most devastating things" in his life. "The fact that people wanna make money off this is nothing short of despicable," he claimed.
Longo said the $JUSTICE token “is the only coin I will be affiliated with forever.”
In an X post, which Longo later deleted, he wrote: “The $PNUT community USED MY STORY, MY SQUIRREL, AND MY LIKENESS TO MAKE MILLIONS.”
After being listed on Binance, the $PNUT token first gained popularity before progressively waning.
Despite the token's success, Longo claimed he got no real support from the community, even going so far as to accuse them of embezzling $50,000 in donations that were collected on his behalf.
How crypto trader turned $865 to $6.4 million with Chill Guy meme coin
Meanwhile, TheRadar earlier reported that trading cryptocurrencies are one of the most unpredictable and volatile ventures, involving risks that could lead to massive losses. But the risk could also lead to massive profits and riches.
In the case of a certain crypto trader who decided to buy a largely unknown meme coin, Chill Guy (CHILLGUY), it was massive profits. The smart trader turned an initial investment of $865 into $6.4 million trading the meme coin, which surged by 511% in the past day.
