One week after Celebrity Caitlyn Jenner And Iggy Azalea It launched a popular meme coin, and it appears as if legendary professional wrestler Hulk Hogan did almost the same thing on Thursday using the HULK token on Solana.
But after the currency quickly became “cruel” to the detriment of investors, Hogan took to Instagram to urge fans to ignore any cryptocurrency post that comes from His Twitter account.
“Please do not pay attention to any posts made today,” Hogan said Shared on Instagram. “It is not from me and will be removed immediately.”
In fact, there is no sign of the alleged cryptocurrency scam on Hogan’s official Twitter account. In fact, there was nothing in his feed anymore, everything had been deleted.
It’s not immediately clear whether Hogan’s Twitter account was hacked to share an elaborate cryptocurrency scheme — as we’ve seen in the past with celebrities and other public figures — or perhaps someone connected to Hogan and the account used it maliciously.
The website URL on Hogan’s blank Twitter profile still pointed to a website created for the token, and a quick search of its name revealed the debris left in the cryptocurrency community on Thursday.
Hogan’s account had shared dozens of posts about the HULK meme, including: Tweet at Iggy Azalea About its coin. The account also shared an apparent video endorsing the currency, but journalistic tweeted Matt Bender It was actually pulled from an unrelated 2023 video about a karaoke contest and did not specifically mention cryptocurrency.
According to series data from DexScreener, the HULK token skyrocketed to a market cap of around $19 million. That’s before the price quickly drops, apparently because of the person who originally posted the token Selling large quantities-a Cryptocurrencies “pulling the rug” On buyers – or classic pump and dump, for that matter.
HULK’s market capitalization now stands at just $3 million, down about 85% from its short-lived peak, with trading volume reaching around $82 million in just hours. Traders have taken to Twitter to complain that they feel cheated by the myth – although, in some cases, this apparent dismay may be tempered by the glow of nostalgia.
“LMFAO man, I was a huge Hulk Hogan fan growing up… literally watching the wrestling on the e-store TV from overseas every week.” chirp An alias merchant and influential magician in SoHo. “If I could tell my 8 year old self that one day Hulk Hogan is going to con me out of 20 grand…HOLY FUCK LMFAO.”
Edited by Ryan Ozawa.