Mark Longo, owner and caretaker of Peanut, the viral pet squirrel, shares the incredible story of Peanut’s rise from street rodent to social media superstar. He reflects on the chaotic aftermath of Peanut's fame, including a political saga and the emergence of a memecoin in his name. Mark offers insights into the emotional rollercoaster of navigating online stardom, the challenges of recognition in the meme coin market, and the dark side of fame in today's attention-driven economy.
Peanut's rise to fame illustrates how social media can dramatically alter the trajectory of both pets and their owners' lives.
The aftermath of Peanut's euthanasia highlights the challenges of controlling personal narratives in the age of rapid online attention and exploitation.
Deep dives
The Rise of Peanut the Squirrel
Peanut, a rescued squirrel, became a social media phenomenon after Mark Longo, his owner, began posting adorable videos of him online. Initially found injured on the streets of Manhattan, Peanut's charismatic personality drew followers, and he eventually gained over a million on platforms like Instagram and TikTok. As Peanut's fame grew, Mark leveraged this attention to create monetization strategies, partnering with brands and engaging with fans. This journey highlights how social media can catapult an unknown pet into the limelight, transforming their owner's life and finances.
The Tragedy of Peanut's Euthanasia
In a shocking event, Peanut and another raccoon named Fred were euthanized by the New York Department of Environmental Conservation due to a rabies investigation following complaints about their ownership. This decision devastated Mark, who had come to see Peanut as not just a pet but a beloved friend and business partner. The news of the euthanasia spread rapidly on social media, igniting a wave of public outrage and turning Peanut into a political symbol reflecting broader societal issues. The tragic demise of Peanut thrust Mark into the center of media attention, as outlets from around the world sought to cover the growing backlash.
Exploring the Attention Economy
Following Peanut's death, Mark found himself navigating the complexities of the attention economy, dealing with the unexpected surge of interest in Peanut's story. This phenomenon demonstrated how quickly public attention can shift, as various groups began to capitalize on Peanut's narrative, including the emergence of a meme coin inspired by him that reportedly gained billions in market value. Mark struggled to maintain control over his narrative as others used Peanut's image and story for profit without his involvement or consent. This sparked his attempts to raise awareness about intellectual property issues within the cryptocurrency space.
Building a Legacy Through an Animal Sanctuary
In light of Peanut's passing, Mark and his wife founded Peanut's Freedom Farm, an animal sanctuary aimed at providing a safe haven for rescued animals. They utilized the vast social media following garnered through Peanut's fame to raise donations and support for the sanctuary's operations. Despite the challenges and financial pressures that arose, Mark remained dedicated to ensuring the sustainability of the sanctuary as a tribute to Peanut's legacy. This venture underscored the potential for social media-driven initiatives to transform personal tragedy into advocacy and community support.
Memecoins are having a moment. Everyone from Hawk Tuah to President Donald Trump to animal influencers like Moo Deng the pygmy hippo have been turned into cryptocurrency. But what are the costs of all the hype?
On today's show — a modern parable. How an orphaned baby rodent became a world famous animal influencer, became a political martyr, and was finally transmuted into a billion dollar cryptocurrency. It's a tale about how a chance encounter can lead to fame and fortune. But also how all that can spin wildly out of control in this brave, new – kind of terrifying – attention economy we're all living in.
This episode was hosted by Alexi Horowitz-Ghazi and Nic Neves. This episode was produced by James Sneed. It was edited by Jess Jiang. Fact-checked by Sierra Juarez. And engineered by Jimmy Keeley. Alex Goldmark is Planet Money's executive producer.