Today, there was a remarkable development in the cryptocurrency world. Famous American rapper 50 Cent's X account was hacked. Immediately after this incident, a tweet was shared from the account and a specific cryptocurrency was introduced and the followers were directed. Here are the details.
GUNIT Token Introduced from Account
The tweet from the hacked account promoted GUNIT tokens and shared a link allegedly for entertainment purposes. The reaction to this tweet was quite dramatic. In just 30 minutes, the market cap of GUNIT tokens rose to over $8 million. This rapid increase showed how big an impact celebrities' social media accounts have on financial markets.
The market's initial reaction was excitement and enthusiasm. Investors and 50 Cent fans immediately took advantage of this post, which they saw as a lucrative opportunity. The value of the token quickly reached unprecedented levels. So, what happened next?
50 Cent Tweet’i Sildi
Later, 50 Cent made the situation unexpected by deleting the tweet. After the deletion, he shared a post on Instagram and announced that his Twitter account was hacked and that the tweet about GUNIT tokens was not written by him. He stated that the hacker was responsible for sharing information about the token and that the entire incident took place without his knowledge or approval.
This hacking incident has once again raised critical issues regarding cybersecurity and the reliability of online confirmations. The price of the token dropped rapidly after the truth of the incident became clear. Again, as usual, small investors suffered losses.
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