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Here’s a story that’s both amazing and heartbreaking. Back in 2017, Mark Longo found a tiny squirrel on the roadside. This little guy didn’t just become his pet; he won over the internet with all the funny videos Mark posted of him. But due to actions taken by the authorities, Pnut was taken away and put down.
No one expected the massive reaction online. Even big names, including Elon Musk,
stepped up to support Mark and his squirrel.
Meanwhile, a token created in memory of the beloved pet
skyrocketed, hitting a $120 million+ market cap. One trader
made $1.7 million off the token’s surge, while another had a rougher run,
locking in a $1k loss after missing out on a $1.6 million gain during the pump.
Market law in action: one’s loss is another’s gain.