A MUSK UNFOLLOW CRASHED A MEMECOIN 86% 🐶📉
I just found out that an X account with only 5,000 followers, suspected to belong to Saxon, Elon Musk’s son (unconfirmed), launched the $MAX memecoin on Solana today. Within hours, it was worth more than $13 million... and when Musk unfollowed the account, it plunged 86.4% from its peak. A wallet that jumped in chasing the rally put in $72,800 and has already lost about $53,900 in five hours.
I think this shows how quickly things can move when a famous name is involved, even when nothing has been verified.
Would you buy a coin just because a famous account launched it?
#memecoin
I just found out that an X account with only 5,000 followers, suspected to belong to Saxon, Elon Musk’s son (unconfirmed), launched the $MAX memecoin on Solana today. Within hours, it was worth more than $13 million... and when Musk unfollowed the account, it plunged 86.4% from its peak. A wallet that jumped in chasing the rally put in $72,800 and has already lost about $53,900 in five hours.
I think this shows how quickly things can move when a famous name is involved, even when nothing has been verified.
Would you buy a coin just because a famous account launched it?
#memecoin
