Breaking Meme Coin News – How Did Wrestler’s Tweets Affect the Value of Hulk Hogan Memecoin?
Breaking Meme Coin News – The Solana memecoin is said to have lost $15 million in market capitalization on Thursday after WWE wrestling legend Hulk Hogan purportedly removed online advertisements for it, as reported by Step Finance’s Solana Floor social media account.
HULK Solana memecoin plummeted from $17 million to $2 million in just a few minutes after he deleted tweets about the coin,
the Solana-focused account
On X, a few users posted screenshots purporting to comment endorsing the HULK memecoin that Hogan’s account had earlier in the day uploaded.
FAQ
Who is Hulk Hogan?
Terry Gene Bollea is an American retired professional wrestler, better known by his ring name, Hulk Hogan. He is regarded as one of the best professional wrestlers of all time, the most well-known wrestling star in the world, and the most popular wrestler of the 1980s.
Are Memecoins Affected by Social Media?
Widespread distribution and encouragement from online forums and social media sites are frequently necessary for meme coins to succeed. A certain meme coin may draw more investors and see dramatic price increases if it is promoted by well-known figures.
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