Elon Musk's Raccoon Video Triggers 331% Surge in Meme Coin Jimothy
A meme coin called Jimothy The Raccoon surged by 331% in just a few hours after Elon Musk posted a viral raccoon video on X. Although Musk didn't mention Jimothy, the token's price skyrocketed due to community attention and speculative interest.
The spike occurred after Musk shared a video created by Dogan Ural, designer and creative ambassador at xAI. The post received over 811,000 views within hours, sparking interest in Jimothy among traders.
Jimothy was launched on the Solana blockchain in July 2026 as a meme coin with a raccoon theme. Its price has been extremely volatile since its launch, but this latest surge is one of the most significant movements yet.