JIMOTHY Soars 331% After Elon Musk Shares Raccoon Video on X
Crypto market participants witnessed a significant price surge in JIMOTHY, a Solana-based meme coin, after Elon Musk shared a video of a raccoon on X. The token's price jumped by 331% to reach $0.0162 and its market capitalization reached $16.2 million. The trading volume also saw a substantial increase, climbing to $25.4 million in just 24 hours.
Musk's post did not directly mention JIMOTHY, but it drew over 811,000 views within hours, rekindling interest around the meme coin. This is not the first time Musk has influenced the price of a meme token; earlier instances include FLOKI and another token that saw a massive 42,000% price increase after he replied to a post.
JIMOTHY's price history shows it has been driven by attention and online interest, with past rallies linked to mentions from official White House accounts and social media platforms. The token was launched through Solana's Pump.fun platform in July 2026 and is still considered a micro-cap asset.