😱Cardi B's X account posted a video promoting a meme token called WAP, which raised concerns about the token's legitimacy. Blockchain security firm PeckShield suggested the account might be compromised, warning users to avoid interacting with links or addresses in the post.
The WAP token, likely inspired by Cardi B's song, launched alongside a website and social media account. Despite concerns, the token promo remained on her account for hours. WAP currently has a market capitalization of $21.6 million.
Cardi B's record label has not confirmed if the WAP token is officially endorsed by her.