Analysts have observed a surge in celebrity account hacks on X. The social media accounts of well-known traders, rappers, and even Caitlyn Jenner are promoting tokens in what many suspect is a coordinated series of hacker attacks.
Over the past weekend, several influential figures and celebrity accounts on X were hacked. Hackers, having gained access to an investor’s account, posted messages about ORDI and Luna2.0 tokens. As a result, both assets saw an immediate price surge of 6% and 270% respectively, according to reports from journalists.
Hacked and Confused
In the X account of American rapper Rich The Kid, a link was posted for his 2.3 million followers to buy a new token called “RICH,” launched on the meme coin creation tool Solana pump.fun.
According to DEX Screener, within the first two hours of its launch, the token amassed a market cap of $90,000. No official statements have confirmed whether Rich The Kid’s X account was hacked, but the post was deleted.
Among the latest victims is Gigantic-Cassocked-Rebirth, known as GCR, a pseudonymous crypto investor famous for profiting from contrarian trades. On May 26, a message about ORDI and Luna2.0 was posted on GCR’s X account, causing both tokens to momentarily spike by 6% and 274%. The crypto investor confirmed his account was hacked and urged followers not to click on any links.
Many noted that the hacker could have used the account to pump a micro-cap coin, but instead chose to hype up two established tokens, resulting in limited gains.
“Hacker GCR really fumbled the bag,” said crypto analyst Miles Deutscher. “Bro could have picked ANY plausible micro-cap for a 10-20x boost, but settled for ORDI and LUNA2, netting a measly 10% wick.”
ORDI already has a market cap of $856 million, thus offering less growth potential compared to small-cap coins.
Nevertheless, the community warns that GCR’s hack might be just a small part of a larger assault on X celebrity accounts.
“GCR already informed us today that there’s a coordinated effort to hack major Twitter accounts,” reported Udi Wertheimer, a Bitcoin developer and Ordinals commentator. He noted that more popular figures are launching meme coins.
As more niche celebrities hop on the meme-coin bandwagon (especially during long weekends when platform engineers are off), I recommend you guys be extremely cautious.
Caitlyn Jenner’s Coin Caught in Scam Wave
Around the same period, a new meme coin named “JENNER” was advertised on the X account of American media personality Caitlyn Jenner. Industry experts are debating whether the short clip of Jenner promoting the coin was a deepfake. Nonetheless, videos featuring Jenner and her manager Sophia Hutchins made several statements affirming the authenticity of the messages and videos.
The JENNER coin was also promoted on Jenner’s Instagram account, and later, Hutchins hosted an X on Jenner’s account to further confirm that there was no deepfake involved.
The JENNER token was launched on the site pump.fun. Interestingly, the crypto wallet shared by Jenner is the exact same one shared by adult content creator Kazumi, who is also suspected of being hacked while promoting the “ZUMI” coin on May 20.
Tokens RICH, DOLL, and SOULJA are also allegedly linked to JENNER, claims one industry expert. However, Hutchins stated that Jenner’s team was unaware of these connections when asked in X.
Despite the suspicious timing with account hacks, Jenner’s coin turned out to be legitimate and has already amassed a market cap of $31.5 million since its launch.
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