Jimothy The Raccoon (JIMOTHY), a Solana (SOL)-based meme coin, jumped 331% on Saturday after Elon Musk posted a raccoon video to his X account. According to reports from CoinDesk, the surge mirrors past Musk-driven rallies, where his posts and username changes have repeatedly sent meme coins higher. Musk shared the raccoon clip early Saturday, created by Dogan Ural, Designer and Creative Ambassador of xAI. The post drew more than 811,000 views within hours, though he did not name JIMOTHY directly.
At press time, JIMOTHY traded at $0.0162, with Saturday's rally lifting its market capitalization to $16.2 million. As reported by CoinDesk, the token recorded a 24-hour trading volume of $25.4 million. JIMOTHY launched on Solana's Pump.fun platform in July 2026, with anonymous developers naming it after a viral Seattle raccoon.
The token has a history of attention-driven moves, according to CoinDesk reports. It surged roughly 52-fold within days of launch as the animal went viral online. A separate spike followed a mention from an official White House social media account. Musk's influence over meme coins stretches back years across several tokens, with his Grok video lifting FLOKI by around 30% in October 2025. Similar spikes have trailed his Dogefather post, his Gorklon Rust handle change, and a token that rallied 42,000% after Musk's reply.
JIMOTHY remains a micro-cap token driven more by sentiment than by fundamentals, as noted by CoinDesk. Whether the gains hold will depend on trading volume and sustained online attention. Each gain in the past has faded once the online attention moved on, suggesting the token's performance remains tied to social media momentum rather than underlying business metrics.
