As per the Twitter posts of various famous personalities, here are the two key reasons why Hulk coin is in the talk these days –
- $HULK Crashes By 95% – X Account Under Threat
After the removal of all the important postings of $HULK from the X account, the Hulk coin witnessed a drop of 95%, leading to rumors that the account had been compromised.
The initial postings made on the Hogan’s X account, the main door of Hulk Meme coin to enter the world of crypto memecoins, prompted active trading boosting the coin’s value. However, recently, all the posts were removed from the official handle, leading to a massive downfall of the market capitalization from $19 Million to $1.22 Million.
As a result of this unpredictable incident, Hogan has issued warnings to his followers to refrain from interacting with any crypto-related updates from his X account. If this whole incident holds, the recent surge in scams in crypto-related activities is something definitely to worry about!
- Hulk Hogan Memecoin Wipes Out $17M
As the market improves and investors become more eager to make rapid profits, celebrity memecoins are gaining popularity once more. Celebrities and influencers, like WWE legend Hulk Hogan and well-known artist Iggy Azalea, are returning to the meme coin game with new projects that promise to be bigger than life. As a result, the Solana meme coin – Hulk Coin, has already wiped out $17M even after the ongoing rumors regarding its X account.
That’s all for today! See you tomorrow with even more exciting updates on the ever-changing world of crypto only at ReadingCrypto – your daily news portal.
