Kylie Jenner Deletes Solana Meme Coin Post on X Account
A Solana-based meme coin address was posted and then deleted on Kylie Jenner's X account, raising suspicions of account hijacking. The post included the handle cutekjenner and the Solana contract address, and it was deleted shortly after being posted. The style of the post, the sudden timing of its publication, and the quick deletion have led to speculation about hacking. This token was created based on a pump-and-dump scheme, and PumpFun is a launchpad that allows for easy issuance of meme coins on Solana. The market capitalization of this token once rose to $1.21 million before falling below $120,000. It is not uncommon for a celebrity account to be hijacked and used to promote Solana meme coins. In 2024, the X account of Doja Cat was hacked, leading to the promotion of a Solana-based Doja token, which saw its market cap drop by 96% from $500,000. The 2020 security incident involving X shows that the risk of account hijacking can recur. If a celebrity account is misused for meme coin promotion, the damage can escalate faster than the exposure time of the post. Solana is a high-speed Layer 1 blockchain known for its low fees and fast transaction speeds, characteristics that can be utilized for short-term promotional tokens. No official statement has been confirmed from Kylie Jenner or her representatives.
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