The token’s market capitalization topped $40 million and 24-hour trading volume reached $44 million after online attention around Seattle raccoon Jimothy spilled into crypto markets.
Jimothy, a Solana meme coin tied to a Seattle raccoon of the same name, surged after the official White House account posted about the animal, a move flagged by on-chain analytics platform GMGN. The token’s market capitalization rose above $40 million, its 24-hour gain reached about 60%, and trading volume hit $44 million. Jimothy, which has physical abnormalities caused by a rare congenital disorder, became an online phenomenon after a local resident’s July 14 video drew about 8 million views and sparked community creations including emojis, murals and merchandise. The move highlights how meme coins can react sharply to social-media attention and online sentiment.