⚠️ 50 Cent's Twitter Hacked to Promote Solana Meme Coin
With so celebrities launching their own meme coins in recent weeks, it seemed absolutely plausible that rapper 50 Cent (aka Curtis Jackson) would take to Twitter to shill his own Solana token with a flurry of posts Friday afternoon.
But within minutes, after millions of dollars’ worth of crypto was already spent, the truth emerged: His account had been hacked for a pump-and-dump scam.
In a rapid-fire string of tweets, 50 Cent’s Twitter account began making promotional posts on Friday for a new Solana token called GUNIT, launched via Pump.fun.
The posts were elaborate. Some referenced the rap icon’s cognac brand; others called out recent celebrity-related crypto narratives including Martin Shkreli’s creation of an allegedly official Donald Trump Solana token, and controversial influencer Andrew Tate’s promotion of the DADDY coin. One even featured a Solana-themed meme with 50 Cent at center.
💬 If you bought $GUNIT, then your $5,000 investment just turned into 50 cent — SphynxLabs
While some crypto users were cautiously suspicious of the posts, it wasn’t immediately certain the posts were a fake, either.
In the meantime, money poured into GUNIT’s coffers. Most of the token’s $18.6 million in total trading volume came within barely 40 minutes as it rocketed upwards some 8,000%, then plunged just as rapidly as liquidity disappeared.
Despite warning signs, the rush of investment sadly made some sense. Recently, celebrity meme coins created via Pump.fun have skyrocketed in value with little more to them than a prominent personality’s endorsement. The Tate-promoted DADDY token rose from worthlessness to a $340 million market capitalization last week; Iggy Azalea’s earlier MOTHER token crossed $200 million around the same time.
50 Cent’s Twitter account was also locked by the platform; all posts on the account are inaccessible at writing.
GUNIT continued to plummet on the revelation—though not yet to worthlessness.
