🚨 Fake Microsoft Token Tanks 96% After $80M Hype Pump 🚨
An allegedly bogus cryptocurrency that falsely claimed a link to Microsoft has crashed by 96% in under two days, wiping out nearly $80 million in value.
The so-called Microsoft Token used the tech giant’s name and AI-related buzzwords to attract attention but has now been exposed as a large-scale crypto scam.
Earlier this week, the fake Microsoft token surged after promoting itself as a Microsoft-supported AI project.
It quickly drew massive interest from retail investors, pushing its market cap past $80 million, despite having no real product or no roadmap, and no actual connection to Microsoft.
Blockchain analysts soon flagged the Microsoft coin. Several on-chain researchers found no trace of any official ties to Microsoft or its AI operations.
Wallet data showed large purchases before the public launch, followed by a massive coordinated sell-off and a classic setup for a scam token.
The Microsoft token’s price dropped by 96% shortly after the early hype wore off, leaving many investors with heavy losses. Charts show a sudden surge followed by a steep fall, clearly pointing to a classic pump-and-dump setup.
The token’s website and Telegram group went offline soon after the sell-off. Hence, confirming suspicions that the project was a rug pull.