The incredible hype around meme coins continues unabated. During this period, led by Solana projects, individuals looking to exploit people’s intentions have become more prominent. Just moments ago, news dropped like a bombshell in the middle of the market regarding the potential hacking of well-known figures Justin Kan and Packy McCormick.
Two Prominent Figures May Have Been Hacked
The rise of meme coins has created a significant impact on the market. While new millionaires are emerging, famous personalities are becoming more vulnerable to attacks.
As thousands create new projects, attackers are also racing to fill their wallets through fake projects by taking over celebrities’ accounts.
According to recent news, identical posts by Justin Kan and Packy McCormick, co-founders of TwitchTV and JustinTV, did not go unnoticed by cryptocurrency investors.
The sharing of the same wallet address and message with followers led to speculation of hacking. While no official statement has been made, subsequent posts provided guidance on how to proceed with transactions.
In these posts, investors were asked to send money to SOL wallets for a meme coin project named PACKY. Despite new posts claiming big goals for the project, no official statement has been released, and investors have received strong warnings not to send money to these wallets.
Solana’s Current Dollar Value
While the meme coin hype continues, all eyes are on the pioneering Solana ecosystem’s SOL. Recently reaching a level of 210 dollars, SOL then sharply retreated.
The retreat deepened with the fall of BTC, and the price dropped to 167 dollars. Since then, SOL’s price has recovered to $190.37 after a 9% increase at the time of writing.
SOL’s market capitalization also saw a 9% increase, exceeding 84 billion dollars. The 24-hour trading volume was slightly over 7 billion dollars after a 17% decrease. This could indicate that investors are reluctant to sell SOL and are looking towards a potential rise.
