šØ $7M Hulk Hogan Memecoin Scam Shocks Crypto Market
The crypto world has once again been shaken by
šØ $7M Hulk Hogan Memecoin Scam Shocks Crypto Market
The crypto world has once again been shaken by a major scam. Just a day after the announcement of wrestling legend Hulk Hoganās (Terry Bollea) death, suspicious new tokens flooded the market. The most notable among them ā the so-called āHulk Hogan Tributeā token ā skyrocketed to over **$7 million in market cap** before crashing to near zero in less than 24 hours.
š„ The token ā $SOL $SOL ā soared quickly on decentralized exchanges, driven by emotional traders hoping to honor the late icon. Despite early red flags, many jumped in. But within a single candle, the entire market cap collapsed to just **$5,700**, leaving only **$7,100 in liquidity**. Thatās a drop of over **99.7%**.
š§ Tribute or Trap? While some thought this was a genuine tribute, blockchain analysts flagged it as a scam early on. The token was allegedly boosted using trading bots to fake high demand. There were even NFTs made with Hulk Hoganās image ā but none gained traction, overshadowed by the tokenās dramatic fall.
š Not the First Time⦠This isnāt Hoganās first brush with crypto controversy. Back in 2023, his official X (Twitter) account was hacked to promote a memecoin called *Hulkamania* ā which ended in a classic rug pull.
This time, some traders even revived that old token ā but it too crashed shortly after a small pump.
š§¢ Ben Askren Dragged Into Another Scam? In a parallel case, UFC fighter **Ben Askren** found himself unknowingly (or unintentionally) involved in another memecoin scam. Just one day after being discharged from the hospital ā following a double lung transplant ā his official X account promoted **āFUNKY,ā** a Solana-based token named after his nickname.
š§Ø It was later revealed that the token was launched by **Sahil Arora**, a known scammer behind multiple rug pulls. Soon after Askrenās post, the project was drained and abandoned, leaving the price at **zero** and the scammer walking away with just **$1,200**.
The crypto community suspects Askrenās account may have been compromised. His team hasnāt confirmed whether the post was authorized.
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ā ļø **Disclaimer:** This article is for educational purposes only and does not constitute investment advice. Cryptocurrency trading carries risks and can lead to financial losses. Always do your own research (DYOR).
š¢ Warren Buffett Kya Soch Rahe Hain? š¼ $134B Sell-Off, $350B Cash ā Ye Warning Hai Ya Waqt Ki Taya
š¢ Warren Buffett Kya Soch Rahe Hain? š¼ $134B Sell-Off, $350B Cash ā Ye Warning Hai Ya Waqt Ki Tayari? š Kuch Toh Bada Ho Raha Hai ā Lekin Kya? Pichhle kuch mahino mein ek ajeeb si khamoshi chhayi hui hai. Market upar ja raha hai, lekin duniya ka sabse safe investor ā Warren Buffett ā stocks bech raha hai aur cash jama kar raha hai.
š§¾ Berkshire Hathaway ne 2024 mein lagbhag $134 Billion ke shares sell kiye. Aur ab uske paas $350 Billion se zyada cash ready hai.
Sirf Apple hi nahi ā usne apni Apple holdings bhi 2/3 tak cut ki hai. ā Bank of America ke bhi karodon shares sell kar diye gaye.
āToh sawal yeh hai: Buffett kya dekh rahe hain jo aam investor nahi dekh raha?
š§ Buffett Ka Approach ā "Tez Daur Mein Dheere Chalna" Warren Buffett hamesha sabse pehle risk ko samajhne ki koshish karta hai. Jab market overly excited hota hai ā wo khareedta nahi, rukta hai. Jab sab panic mein bech rahe hote hain ā tab hi wo entry leta hai.
Aaj S&P 500 record highs pe hai, fir bhi Buffett sidelines pe baitha hai. š Ye hint ho sakta hai ā ke wo market ke andar kuch unstable dekh rahe hain.
šÆ Selective Bets ā Sab Kuch Sell Nahi Kiya Buffett ne sab kuch becha nahi ā usne invest bhi kiya hai. Lekin safe aur slow-growth sectors mein: - Domino's Pizza - Pool Corporation
šŖ Crypto Dunia Ka Kya? Buffett chahe crypto ke khilaf ho, lekin uska behavior ek baat toh batata hai:
š Binance Traders Ke Liye 5 Smart Rules: 1ļøā£ Patience rakho ā market hamesha opportunity deta hai 2ļøā£ Big investors ke moves par dhyan do 3ļøā£ FOMO se bacho ā sabse bada loss wahi hota hai 4ļøā£ Research-based decisions lo 5ļøā£ Crypto ko short-term gamble nahi, long-term asset samjho
š As of July 23, 2025 ā 11:19 PM EEST: Buffett taiyyar ho rahe hain. Kya aap bhi ready ho?
š Market Snapshot: $XRP : 3.0895 USD (-3.61%)
šØ Donāt follow the noise. Follow the signals.