New Token PINOCCHIO: Official Long Nose Mockery Goes Viral, PINOCCHIO Surges to Millions in Trading Volume

ME News, December 9 (UTC+8), according to Trend News monitoring, the official account of the US Department of Education posted a viral video on X: a “Pinocchio long nose counter” was overlaid on an interview clip with teachers’ union president Randi Weingarten, implying that her statements about Trump’s education reform were “lies.” This is a focal issue in the long-standing conflict between the Trump camp and teachers’ unions, and is seen as a direct official-level mockery, which caused the discussion to escalate rapidly.

As the video spread quickly, “Pinocchios” became a new internet slang term, with a large number of long nose memes being produced online to further mock politicians. The discussion spilled over to the Solana chain, with users launching a token called PINOCCHIO. Within 24 hours, 19 projects with the same name appeared. The mainstream consensus version saw 24h trading volume surge to $1.1M, a peak market cap of $210k, and 866 holders.

The long-term vitality of this political meme continues to fuel its popularity—after all, “Pinocchio” has been a running joke in American politics for decades, and it will likely be repeatedly used whenever politicians debate or accuse each other of lying. (Source: ME)