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50 Cent's Twitter Hacked to Promote $GUNIT Solana Memecoin, Drops to Less Than 50 Cents

Jun 21, 2024, 07:54 PM

Rapper 50 Cent's Twitter account was allegedly hacked, leading to the promotion of a Solana-based memecoin called $GUNIT. The memecoin, which quickly plummeted in value to less than 50 cents and had a market cap of under $1m, was launched and promoted via his account before all related tweets were deleted. 50 Cent has denied any association with the cryptocurrency, claiming on Instagram that his account was compromised. The incident has raised questions about the security of celebrity social media accounts and the potential for misuse in the promotion of fraudulent schemes.