Hacking News
Carti's X account shills memecoin and rug within hours
Playboi Carti's X account, with 3.6 million followers, was revived with a Pump.fun tag in the bio. A CARTI token rose to a $1.2 million market cap before rugged. No connection was made between Carti or his team and the token. Crypto Gorilla called it a hack, and traders rushed in, leading to a quick decline in market cap. Within a few hours, over 20 copycat CARTI tokens were deployed across Solana, Robinhood Chain, and Arc, with most now trading for a few thousand dollars. The article suggests this was a marketing campaign or a hack, similar to previous celebrity name shilling incidents.