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Rapper 50 Cent's Twitter account was hacked on Friday. Hackers used his account for a pump-and-dump scheme for a new Solana token. The hacker posted a flurry of tweets promoting "GUNIT" coin. They referenced 50 Cent's cognac brand and other celebrity crypto projects. It looked legit at first glance, and that is exactly what made the hack so brilliant. The crowd was enchanted, and the dirty scheme worked out pretty well almost immediately. Crypto enthusiasts jumped on board. GUNIT's trading volume hit $18.6 million in just 40 minutes. The token's value skyrocketed by 8,000%. But the party didn't last long. 50 Cent, real name Curtis Jackson, confirmed the hack on Instagram. "My Twitter and website got hacked," he wrote. He tagged his cognac brand in the post. Twitter quickly locked 50 Cent's account. All tweets became inaccessible. GUNIT's value plummeted on the news. But some folks are still buying. The token's market cap is around $150,000 at the time of writing. 50 Cent claimed the hacker made off with $300 million. That's a stretch. Data shows the token's market cap never came close to that figure. This isn't the first celebrity crypto hack. Earlier this month, Hulk Hogan's Twitter was compromised. Hackers promoted a HULK token that saw $82 million in trading volume in one day. The incident highlights the risks of celebrity-endorsed cryptocurrencies. It's a reminder to always do your own research before investing. Especially when you see a sudden, and thus suspicious, celebrity post about some coin you have never heard before. The crypto world is still the Wild West, and you better remember about it at all times.

Mog Coin (MOG), the Ethereum-based meme token, has hit a new all-time high. It briefly entered the top 100 cryptocurrencies by market cap. The coin's price reached $0.00000245, up 4% in a day. MOG launched on July 19, 2023. It's based on a 4chan term. "Mogging" means dominating someone. The coin has lived up to its name, outperforming many rivals. In the past three months, MOG skyrocketed 301%. Its market cap hit $820 million, per CoinGecko. This surge put it ahead of some established projects. Tezos, Ronin, and The Sandbox now trail behind MOG. The coin now ranks ninth among meme tokens. It's nipping at the heels of NEO, the Ethereum-inspired network. MOG needs just $5 million more to overtake it and re-enter the top 100. MOG briefly touched an $880 million market cap at its peak. It surpassed NEO's $850 million. But the lead was short-lived. Both tokens have since dipped. NEO now sits at $825 million. The coin's origins are quirky. It stems from 4chan slang. "Heightmogging" means being taller than someone. "Fashionmogging" is about being more stylish. A "brutal mogging" involves dominating in multiple ways. MOG's mascot is Joycat, a laughing cat with pit viper glasses. It's become the token's symbol. Investors often use emojis to mimic Joycat. Some even wear pit vipers in real life. A pseudonymous early investor shared their thoughts on Twitter. They said, "This was the kind of mutation necessary to propagate the meme into hyper communication." They added, "It has actually been quite a treat to watch it all unfold in real time." The MOG team celebrated their anniversary on Twitter. "We've been mogging the TL for a year 🫵😹 Here's to 100 more 🥂," they posted. The tweet included a GIF of their mascot.

A Solana meme coin investor made waves in the crypto community this week. He got the contract address of Gigachad (GIGA) tattooed on his chest. But there was a snag. The investor, known as Hop on Twitter, soon realized he'd made a mistake. The address inked on his skin was wrong. Oops. Hop's reasoning for the tattoo was simple. He claimed GIGA had transformed his life "mentally, spiritually, and of course financially." Fair enough. This isn't the first GIGA-inspired tattoo. Another community member reportedly got the ticker inked when the market cap was $18 million. Now it's over $175 million. Talk about commitment. Hop's tattoo style was inspired by bible verse tattoos. It's an interesting choice for a meme coin. His tattoo artist was used to his "weird ideas." "He kept calling me a crypto nerd while doing the piece," Hop told Decrypt. LOL. The mistake was spotted quickly. A Twitter user pointed it out within 30 minutes of Hop's post. Hop took it in stride, joking "No ragrets." He informed his tattoo artist, who offered to "find a hieroglyph to cover it." That's one solution. Surprisingly, Hop isn't bothered. "I'm not mad about it," he said. "No random person is going to know there's a typo unless I tell them." Good point. The incident had an unexpected effect on GIGA's price. It jumped, pushing weekly gains to 49%. The current price is about $0.018. Who knew a tattoo could move markets? In the wild world of crypto, this story stands out. It's a reminder that in investing, as in tattoos, double-checking is crucial. And maybe, just maybe, permanent ink and volatile markets don't mix.

A leading crypto strategist reckons dogwifhat (WIF) is on the brink of a 350% surge. Bluntz, a pseudonymous analyst, shared this bold prediction with his 265,200 Twitter followers. Bluntz bases his forecast on the Elliott Wave theory. This theory suggests bullish assets typically experience a five-wave rally after an ABC corrective move. WIF currently trades at $2.21. Bluntz believes its ABC correction is done and dusted. He's betting on a massive upswing. "$10 WIF is coded by law," Bluntz declared. He added, "Once it starts properly going, do you think all those people who missed the last run from cents to $5 are going to miss round two? Not a chance." But WIF isn't the only memecoin on Bluntz's radar. He's also got his eye on Floki (FLOKI). Bluntz reckons FLOKI has wrapped up its ABC correction. He predicts a rally to a new all-time high around $0.00045. The analyst spotted a bullish divergence on FLOKI's daily chart. This could signal a trend reversal. "Floki is right up there as one of my favorite memes at the moment," Bluntz stated. He added, "Clear as day macro ABC structure done, five waves clearly visible within the C and high time frame [bullish divergence] at the lows. All-time high en route, in my opinion." FLOKI currently trades at $0.00019. Bluntz's third pick is Popcat (POPCAT), a Solana-based altcoin. He's bullish on POPCAT after it broke through its last resistance level at $0.72. These predictions might seem far-fetched. But in the wild world of crypto, stranger things have happened. Only time will tell if Bluntz's crystal ball is on the money or if these memecoins will end up in the doghouse.

A Solana blockchain developer is set to scale Mount Everest. This comes after a recent hospitalization for severe burns. The injury was sustained while promoting his meme cryptocurrency. Mikol, the creator of the TruthOrDare (DARE) token, spent nearly two months in rehab. He suffered third-degree burns on 30% of his body. The incident occurred during a livestreamed stunt gone wrong. Now, he's eyeing his next big move. "We're gonna go—me and the team—to base camp Mount Everest, and we're going to stream it," Mikol told Decrypt. He was speaking on the 'What's the Meta?' podcast. The dev isn't stopping there. He's planning a global tour to meet DARE token supporters. The Everest climb is just one of several "crazy dares" on the agenda. Mikol's project began with a simple idea. He'd livestream silly dares to boost his token's price. Things took a dark turn five days in. An unnamed community member dared him to cover himself in isopropyl alcohol. Fireworks were then shot at him. The result? Mikol went up in flames. His friends struggled to extinguish the fire. He was rushed to the hospital shortly after. Despite this close call, Mikol isn't throwing in the towel. He's doubling down on his vision. The plan now is to build a decentralized app (dapp) for the DARE community. "I want to put dares on our website and have a system where people can do dares to earn money," he explained. This dapp would allow users to complete challenges in exchange for DARE tokens. Mikol sees potential for both safe and risky dares. "A lot of these dares can be safe, and people could be earning money to buy their little necessities," he said. But he's not ruling out more extreme options. "Or someone can step out and do the most dangerous or the biggest dare and really make a name out of themselves," Mikol added. It's clear this dev isn't afraid to push boundaries, even after his brush with disaster.