🎤 Rapper Doja Cat's X account was hacked and used to promote a scam token named after her, causing investors to lose over $1.63 million. The scam coin, "Doja Cat (DOJA)," reached a market cap of $1.65 million before plummeting to just $16,820. The hacker also took a jab at fellow rapper Iggy Azalea, who recently launched her own memecoin. Doja Cat denied involvement, stating, "It is literally an imposter!" This incident follows a trend of celebrity memecoins, some of which are the result of hacks, hitting the market and rapidly declining in value.