(*) American rap artist and star (*) 50 Cent( *) was lately at the facility of a meme coin legend on the (*) Solana network( *). The rap artist shot down advertising the GUNIT meme coin, declaring his X (previously Twitter) account was hacked by people pressing the cryptocurrency.( *) Hackers Target 50 Cent’s Account To Advertise Counterfeit Crypto( *) 50 Cent (*) in an Instagram blog post that his X account was hacked while refuting any type of connections to the GUNIT meme coin, which was advertised on his X account. He included that the cyberpunk made $300 million from this intricate fraud. Nonetheless, that looks not likely, thinking about the (*) meme coin’s liquidity( *) and market cap prior to it was promptly found as a rip-off. ( *) Prior to 50 Cent’s discovery, lots of traded the GUNIT meme coin based upon the idea that it was had by the rap artist. The rap artist’s X account made a number of advertising articles regarding the GUNIT meme coin, which was developed via Pump. enjoyable. The crypto token seen numerous bucks in trading quantity and increased to an all-time high (ATH) (*) market capitalization( *) of $6.5 million in simply under an hour prior to it was disclosed to be a rip-off.( *) 50 Cent producing the meme coin and advertising it on his account appeared like a genuine opportunity, thinking about that a (*) host of various other stars( *) have actually lately developed their meme coins and proactively advertised them on their X account. This consists of (*) Rap Artist Iggy Azalea( *), that developed the mom meme coin, which presently has a market capitalization of around $57 million. ( *) Complete crypto market cap presently at $2.2 trillion. Graph: (*) The articles made by the cyberpunk were likewise tactical and looked convincing, as some referenced 50 Cent’s cognac brand name. Others likewise mentioned the current happenings in the Solana meme coin area, consisting of (*) Martin Shkreli’s( *) declared development of the DJT meme coin, which was thought to have actually been had by previous United States Head of state Donald Trump. ( *) A New And Uneasy Pattern( *) 50 Cent isn’t the initial celeb to have had his X account hacked in order to advertise a meme coin. Previously this month, battling tale Hunk Hogan likewise experienced a comparable destiny as he (*) declared (*) he really did not make the advertising articles from his X account, which advertised the hunk meme coin. ( *) Fraudsters are benefiting from the superstar meme coin fad to produce meme coins and provide the misconception that a specific celeb without a doubt developed them. Although Donald Trump’s account had not been hacked, something comparable occurred with the (*). It pumped on unofficial records that (*) Trump( *) developed it and at some point unloaded after it was validated that it had no connections with the previous United States head of state. ( *) Typically, some, consisting of (*) Ethereum’s founder Vitalik Buterin( *), have actually slammed the superstar meme coin fad, keeping in mind exactly how they do not have development and are merely cash money grabs. ( *) Included picture from SecurityMadeSimple, graph from TradingView( *).
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