Mbappe Hacked, Altcoin Investor Makes $200,000 in a Few Minutes - Coin Bulletin

The account of French footballer Kylian Mbappe was hacked briefly, and an advertisement for a cryptocurrency named $MBAPPE was made.

Kylian Mbappe's personal X account's posts about MBAPPE token have raised questions among followers. Although these posts have been deleted shortly afterwards, they have created a big buzz within the community.

It reached millions of dollars

After the account was compromised, the value of the cryptocurrency named MBAPPE soared to tens of millions of dollars within minutes. And then plummeted to zero within minutes.

According to some followers, an investor invested 286 dollars in the MBAPPE token and sold it at the price peak, making about 200,000 dollars. Some investors who couldn't time it right lost hundreds of thousands of dollars in the meantime.

The topic of Memecoin was discussed again

The hacking of Mbappe's account and similar posts have brought the topic of memecoins back to the agenda. Memecoins like Dogecoin and Shiba Inu are generally used for entertainment purposes rather than any practical application.

Traditional media attributes the rapid rise and subsequent crash of MBAPPE price to the speculative and risky nature of memecoins. This situation also highlights the impact of famous individuals' social media accounts being compromised.