Hacked X and Insta accounts used for Pump Fun rug pulls
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In recent months, a total of $3.5 million worth of SOL has been raised by Pump Fun memecoins promoted via hacked X and Instagram accounts.
In recent months, a total of $3.5 million worth of SOL has been raised by Pump Fun memecoins promoted via hacked X and Instagram accounts.
New research corroborates earlier findings that the vast majority of memecoins crash after their initial promotion and never recover.
As bitcoin rallied, Nayib Bukele tweeted the Just A Chill Guy meme. Immediately, Solana traders pumped that memecoin 65% within 90 minutes.
Litecoin, once described as the crypto silver to bitcoin’s gold, is now apparently self-identifying as a meme coin.
Almost 150 memecoins themed on the death of One Direction singer Liam Payne have been created since he fell from a balcony in Argentina.