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What will be the price of WAP Memecoin by end of 2024?
3
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Story
Cardi B's X Account Compromised, Insiders Make $250,000 from WAP Memecoin
Oct 8, 2024, 10:01 AM
Cardi B's official X account appears to have been compromised, promoting a new memecoin called WAP, inspired by her hit song. Blockchain security firm PeckShield flagged the account as potentially hacked, urging caution when interacting with any links or addresses posted. The promotion of WAP, a Solana-based meme coin, remained active for hours. Onchain data revealed that a trader turned 1 SOL into an unrealized profit of 5,800 SOL by buying 38 million WAP tokens at launch. Additionally, WAP has a $22 million market cap but only $600,000 in liquidity. 60% of WAP's total supply is controlled by insiders, who have reportedly made $250,000 in just 12 hours.
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