The developer who turned $335 into a billion-dollar project
and walked away with $761
October 2024
• Withdraws 2 SOL ($335)
• Launches $PNUT on Pumpfun
• The squirrel story goes viral
• Token starts exploding
2 minutes later
• He panic sells everything
• Dumps 63.9M PNUT
• Leaves with 3.51 SOL
Profit: $761
Then reality breaks
• Elon Musk tweets about the squirrel
• Binance lists $PNUT
• Market cap reaches $1.8B
The bag he sold?
Worth over $105M at the top
But it gets worse
• He launches another token called $FRED
• Tries to run it back
• Community ignores him
June 2026
• $PNUT is down 97% from ATH
• Market cap sits around $41M
Yet the bag he sold for $761
would still be worth around $2.6M today
Recently
• He bought another squirrel coin
• Sent an on-chain message trying to support it
Imagine trading generational wealth
for a free dinner
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