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Musk's Raccoon Video Triggers 331% Price Surge for Jimothy Raccoon

Guavy AI Editorial Team
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SOL FLOKI
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The Solana-based meme coin Jimothy Raccoon experienced a significant price surge after Elon Musk shared a raccoon video on X, sparking renewed interest in the token.

Jimothy Raccoon jumped by 331% over the weekend, with its market capitalization reaching $16.2 million and trading volume climbing to $25.4 million. Despite this rally, the Solana price remains below key resistance levels after a major decline in value.

Musk's online activity has previously triggered short-lived price jumps across several tokens, including meme coins like FLOKI and Jimothy Raccoon.

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