Two Solana meme coins experienced significant gains on Friday following a viral social media post by a SpaceXAI manager. Jimothy The Raccoon (JIMOTHY) rose 41% in 24 hours, while Bullshit Coin (BULLSHIT) gained 21% over the same period. According to reports from Crypto.news, the rally occurred after Nate Esparza, a senior technical product manager for ads at SpaceXAI, posted on Friday morning that the crypto community on X is "insane." The viral post saw traders respond with raccoon images, green bull graphics, and direct pitches for their tokens.
As reported by Crypto.news, JIMOTHY currently trades near $0.0096 with a market cap of about $9.7 million, while BULLSHIT sits near $0.0038. The trading activity revealed significant volume patterns, with BULLSHIT turning over roughly $4.7 million in 24 hours, which exceeded its entire market value. According to Coingecko data cited in the report, both tokens operate in thin markets that typically trade this way, with neither carrying roadmaps, treasuries, or products, leaving social reach as the primary driver.
According to Crypto.news, Jimothy has previously demonstrated strong performance following social media attention. The real raccoon in Seattle's Ballard neighborhood with short spine syndrome gained 186% in July after marketing specialist Kiana Hall filmed him and the clip drew millions of views. As reported by Crypto.news, Musk has amplified the theme before, posting a raccoon video on August 8 that sent JIMOTHY up 331% within hours. The current move was smaller and arrived without Musk's direct involvement, suggesting the reply machine now moves the Jimothy price chart independently.
As reported by Crypto.news, SpaceXAI is the company Elon Musk formed in February by folding his artificial intelligence venture xAI into SpaceX. The viral post occurred on Friday morning, with the wider crypto sector continuing to follow the same pattern throughout the year where attention arrives first and liquidity follows. According to the report, neither token carries traditional business fundamentals, leaving social reach as the only visible driver for their market performance.
