MBAPPE Token Crash: Kylian Mbappe X Account Hacked in Latest Crypto Scam
Kylian Mbappe, a popular player for Real Madrid and the French national team, had his X account hacked, and the MBAPPE token was advertised on this account. When the token was first released, its market value increased rapidly, but it quickly lost all of its gains, highlighting the risk and volatility of holding such assets. After several similar thefts, this episode emphasizes the continued concerns in the cryptocurrency markets regarding celebrity-associated meme coins. The post endorsing this cryptocurrency has reportedly been removed, according to WuBlockchain.
Kylian Mbappe-Inspired Meme Coin Wrecks An Investor with $1 Million Loss
Lookonchain reports that a new wallet lost up to $1 million in less than an hour. However, the first trader was lucky, and another lost everything. In other words, they bought MBAPPE for $1.03 million all at once, and then their portfolio dropped to a pitiful $9,200. The situation regarding Kylian Mbappe‘s X account has not yet been resolved. These developments, however, underscore the meme coins’ high degree of volatility. Using new tokens should be done with prudence, as this also suggests.
A celebrity-inspired meme coin MBAPPE is not the first to become viral. An article concerning WATER, a meme coin linked to Argentine football player Lionel Messi, was just published. Metallica and 50 Cent are among the other famous people whose social media accounts have been compromised.
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