Musk's Raccoon Video Sparks 331% Rally in Meme Coin JIMOTHY
The Solana-based meme coin JIMOTHY surged by a significant 331% on August 8, following Elon Musk's post of a raccoon video on X. The video, created by xAI Designer and Creative Ambassador Dogan Ural, garnered over 811,000 views within hours.
JIMOTHY's price jumped from $0.0162 to an unspecified level, while its market capitalization reached $16.2 million with a 24-hour trading volume of $25.4 million. The coin's value has historically been influenced by online attention and Musk's interactions on social media.
Musk's post is the latest example of his impact on meme coins. In October 2025, a Grok video from Musk lifted FLOKI by about 30%. His Dogefather post also triggered price jumps in other tokens.