Simply since you see a star posting about a brand new crypto token, it does not imply it will make you cash — or that it is even actually them.
That appears to be the takeaway from $HULK, a brand new crypto memecoin that was launched on Thursday evening and promoted by Hulk Hogan’s official X (formerly Twitter) account. The coin pumped in worth earlier than rapidly dumping after rumours of a hack started to flow into.
Inside just a few hours, all of the posts selling $HULK had been deleted, as Mashable’s Matt Binder shared on X.
In the meantime, Hogan took to Instagram to warn followers that the posts weren’t from him.
Mashable Mild Pace
“Please don’t take discover of any posts posted in the present day,” reads the message. “They don’t seem to be from me and might be promptly eliminated.”
Superstar memecoins have been on the rise just lately. The likes of Caitlyn Jenner and Trippie Redd have each just lately launched their very own tokens, whereas Iggy Azalea’s $MOTHER token has continued to rise in worth because the rapper consistently posts about it on her social media channels.
It is value noting that, like a lot of the cryptocurrency house, these tokens are extremely risky. Many have rapidly risen in worth after they’re first posted about solely to lose worth at a fair sooner price when the movie star in query both stops posting, or a brand new token pops up and a spotlight strikes elsewhere.
Hulk Hogan warns followers about crypto token, implies he was hacked mashable.com 2024-06-07 11:15:34
Source link