MAX Memecoin: Musk Unfollow Triggers 86% Crash
@ai_9684xtpa reports that the suspected account of Elon Musk's son @ChainChomp131 launched MAX memecoin to a $13 million market cap before Musk unfollowed, sending the price down 86.4% and causing one trader to lose $53,900 after investing $72,800.
SourceAnalysis
MAX memecoin launched overnight by the low-follower account @ChainChomp131, suspected to belong to Elon Musk's son Saxon, briefly reached a $13 million market cap before Musk unfollowed. The token has since fallen 86.4% from its peak. Wallet 9BMzT…FQdLU bought the top and averaged down, committing $72,800 total and realizing a $53,900 loss within five hours.
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@ai_9684xtpaAi 姨 is a Web3 content creator blending crypto insights with anime references