Kylian Mbappé Token Hit a $464 Million Market Cap—Then Crashed to Zero Because It Was Fake
Real Madrid and France National Team soccer star Kylian Mbappé appeared to have his Twitter account hacked late Wednesday as the account went on a rampage with a string of offensive comments about fellow athletes and rival clubs—all while promoting a meme coin that rapidly pumped and then dumped. The MBAPPE token on Solana quickly hit a market cap of $464 million before falling 99%—all in the span of a minute. That was enough to, very briefly, give it a higher market cap than Mog Coin, Raydium,...