8 seconds to increase by 700 times

On August 30, 2024, Real Madrid football star Mbappé, who has a very high popularity, has over 14 million fans on the X platform. Yesterday, his Xaccount was attacked by a hacker. After the hacker stole the account, they posted a SolanaAddress related to the Token $MBAPPE, triggering a meme coin frenzy. Many people followed the trend and bought it, some made a lot of profit, while others suffered heavy losses. At present, the tweet has been deleted, and the token's value has almost dropped to zero, with the entire incident being considered a disaster. MBAPPE's Market Cap surged and then dropped to zero due to Mbappé's high popularity, causing a short but intense fluctuation. Its Market Cap surged to tens of millions of dollars within minutes, but quickly dropped to zero after the account theft was confirmed. There was a slight recovery before the deadline, with the price now at 0.0003 dollars, and the Market Cap at 295,000 dollars, pumping 409% in the past 24 hours. One image shows a person getting rich in 8 seconds, buying 1.1 million $MBAPPE at a price of 0.00026 dollars, and selling them successfully for about 215,500 dollars at a price of 0.19276 dollars after 8 seconds. Another image shows a loss of millions of dollars within an hour. However, not everyone is so lucky. Lookonchain earlier monitored a new Wallet that spent 103,000 dollars to buy 7,156 $SOL (approximately 103,000 dollars) in a single transaction for $MBAPPE at a cost of 0.011 dollars. After the token quickly dropped to zero, it is currently worth only 9,200 dollars. This person lost over 1 million dollars in just one hour! Given the intense fluctuation of meme coins and the often unclear issuance sources, the community urges investors to carefully assess the risks before investing, especially in meme coins related to celebrities, as account theft or celebrity actions may cause significant price fluctuations, requiring special attention.