Tag: Memecoin

Wiz Khalifa’s Socials Hacked in New Scam Promoting Phony WIZ Meme Coin

Summary

Famous rapper Wiz Khalifa’s socials got jacked by scammers and hyped up some crazy meme coin called WIZ on pump.fun. Crypto sleuth ZachXBT suspects this hacker might be same hacker that snatched Truth Terminal founder’s account too.

On November 4, blockchain detective ZachXBT dropped a screenshot in his Telegram channel, showing a deleted sketchy post from Wiz Khalifa’s X account which was hacked during that time. Wiz Khalifa has about 35.7 million followers, so that scam post got massive reach in a very short time resulting in some people losing money to it. ZachXBT warned followers to not blindly follow such posts quickly as there is high chance of big profiles getting hacked.

The hacker on a now deleted X post, promoted a token called $WIZ which was a pump.fun meme coin and assured users it was safe to buy by saying it was based on Solana. ZachXBT told in his group members to not buy Wiz Khalifa token on pump fun and further claimed this might be the same hacker that hacked Andy Ayrey the other day.

As reported by DEX Screener, the WIZ meme coin boomed by almost 2000%. This led it to hit over $2.5 million in market cap within just 15 minutes after launch. But things didn’t remain this bright for long as early holders quickly dumped loads of the token and the market cap crashed below $28,000 within an hour. This is always what usually happens in such sketchy tokens. As the time of writing, WIZ went down by 90% in the last 24 hour and its market cap is sitting at a tiny $7,900.

Since the meme coin posts got wiped away, Wiz’s account has gone silent. There are no updates on whether his account even got recovered or not. While the hacker’s ID is still missing ZachXBT seems very convinced that its same person that hacked Truth Terminal developer Andy Ayrey’s account recently.

Read more about truth terminal : Top AI Bot Truth Terminal Struggles to Go Live with Its Own Website

Hamster Kombat Faces Major Decline, Users Drop 86% Amid Controversy and Criticism

Summary

Hamster Kombat, once, one of the most popular Telegram tap to earn game, just took a massive hit. According to recent reports, number of active users dropped like crazy, from 300 million to just mere 41million. Yep, that’s 86% plunge in just few months.

A report made by Protos highlighted on how Hamster Kombat’s user count has fallen down significantly over the recent months. Hamster Kombat is basically a tap to earn platform available on Telegram. Players control a virtual hamster and battle against another player controlling their virtual hamster, its kinda like a Pokemon game but here players can earn actual money. Its basic play style goes, “you tap, level up and collect rewards”. This easy setup made it quickly appealed by lots of users and its player count was super high at one point but as of recent it is seeing major decline in active players. Its active player count once hit an all time high of 300 million, but now its just 41 million which indicates a major decline. In August, active players totaled 87 million, briefly rising to 94 million in September before falling to 55 million in October, with finally it declined to 41 million by November.

Russian expert Viktor Pershikov earlier warned about players about the games sustainability and noted that many users had unrealistic expectations of rewards. This might be one of the main reasons why its slacking off. Further fueling negative sentiment, Russian official Anatoly Aksakov criticized Hamster Kombat, labeling it “manipulative” and potentially misleading to players.

This had everyone freaked out, which led to Hamster Kombat responding with a disclaimer making it clear they’re not vibing with Gotbit, a firm the SEC called out for sketchy market manipulation moves. Despite this it looks like nothing can save the downfall of Hamster Kombat.

Read similar article: TON Blockchain Sees Sharp Drop in Daily Active Users

Top AI Bot Truth Terminal Struggles to Go Live with Its Own Website

Summary

Crypto influencers hype up AI bots whenever they get their chance and rightfully so because AI bots and AI managed funds are no doubt incredible advancement in artificial intelligence but these bots still require humans for performing basic tasks. The most popular AI agent Truth Terminal has faced same problem as this incredibly intelligent AI couldn’t even set up a website without human intervention.

AI is being more and more mainstream everyday and consequently talks about AI agents buzz over the internet every now and then. Crypto influencers and big investors praise these bots whenever they get the chance. Among these AI agents, one of the most popular ones is Truth Terminal, known profoundly for being the first AI millionaire. This powerful AI bot couldn’t make its own website live without any helps from humans, this proved AI bots are not fully independent and actually need human intervention.

According to Andy Ayrey, the programmer behind Terminal of Truths, the bot could not create its own website and so Terminal of Truths created a website and also co-registered a domain name for memecoin Goatseus Maximus (GOAT). Although there is no proof, it is said that the bot actually tried to register a domain name for the GOAT website via GoDaddy using Ayrey’s 2-factor authentication procedures but, not only did these actions require human involvement to enable this in the first place, it also needed a person to fix a DNS issue at GoDaddy.

To make events even worse, Andy’s X account got hacked and he apparently managed to steal Terminal of Truths’ website and used that to steal from innocent victims who believed blindly on the hacker thinking its the bot’s marketing strategy.

In the end, the hype for AI bots and their supposed independence is not as bright as we thought. However, with so many questionable claims surrounding this bot, some people are convinced the whole story might just be a hoax.

From Meme to Mainstream: LUNA’s Unstoppable Ascent in the Crypto World

Summary

LUNA has broken roofs as it went from $0.05 to $0.22 in a matter of just 24 hour. That is a whopping 340% surge in a single day. This performance even outshines Goatseus Maximus in terms of trading volumes on decentralized exchanges (DEXs). Most of this trading volume comes from Raydium platform as it holds 73% of total trading volume.

LUNA is the native cryptocurrency of the Terra blockchain. It was originally developed by Terraform and it has now become the most talked about memecoin. As a result, Terra has also gained significant popularity, particularly its UST stablecoin which was pegged to US dollars.

LUNA’s over the top rise began after October 21, that’s when it started trading on decentralized exchanges. As of now it has attracted many investors of the crypto community towards it with its performance. Drawing comparisons to one of the most successful early AI meme coins, Goatseus Maximus (GOAT). The buzz on LUNA started particularly after it surged a staggering 340% in just a day. This milestone sparked talks about LUNA being the next big thing in the meme coin community, particularly within the realm of artificial intelligence based tokens and Solana blockchain.

As of October 29, 2024, the price of LUNA is at $0.3473 with a 24 hour trading volume of  $24,590,883. This indicates its price going up by 2.55% since last 24 hour. It also has a circulating supply token of 690 million LUNA. With all that Terra is valued at a total market cap of $238,525,259.

Amid the formation of a bullish pattern, the CAT token gains 37%.

In conclusion, Simon’s Cat (CAT) meme coin recently saw a 37% increase after a bull flag pattern appeared on its daily chart. The increase in investor activity and the addition of new exchange listings could result in further gains for the token.

Bull Flag Pattern Indicates Potential Rally

According to trader Zak, CAT’s price has formed a classic bull flag pattern, often a sign of further upside. The token rose from $0.000024 to $0.000038 by Oct. 21, forming a flagpole before pulling back slightly. Consolidation between $0.000038 and $0.000044 was noted by another trader, Mr. Albert, indicating an impending breakout.

WHAT DO YOU THINK ABOUT THIS: Truth Terminal has become the first AI crypto Millionaire

Investor Activity and Market Performance

Due to a rise in daily trading volume to more than $60 million, CAT’s market capitalization increased from $166 million to $233 million over the past week.The meme coin’s listing on OKX and strong investor interest—including a whale purchase of $26,000 worth of CAT—has driven buying activity. The number of CAT holders also grew, reaching 235,666 by Oct. 28.

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Source: crypto.news

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Mixed Signals Are Shown by Technical Indicators

Technical indicators suggest a possible pause even though CAT’s upward momentum is still present. The MACD is showing a weakening trend, indicating potential short-term consolidation, and the Relative Strength Index (RSI) fell from overbought levels to a neutral 54.

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