PINOCCHIO Token Surges to $1.1M Trading Volume Amid Political Meme Frenzy

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Derived from MetaEra, a viral video posted by the U.S. Department of Education's official X account on December 9 (UTC+8) led to a surge in interest in the PINOCCHIO token. The video, which added a 'Pinocchio nose counter' to a clip of teachers' union leader Randi Weingarten, was interpreted as an official-level mockery of Trump's education policies. The political meme quickly spread online, inspiring the creation of 19 PINOCCHIO-named projects on the Solana blockchain. The main consensus version of the token reached a 24-hour trading volume of $1.1 million, with a peak market cap of $210,000 and 866 holders.

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