Mother Iggy

Retired pro wrestler “Hulk Hogan” claims he wasn’t responsible for multiple now-deleted X posts spruiking the Solana memecoin HULKAMANIA (HULK), which pumped then dumped within two hours.
“Please do not take notice of any posts posted today,” Hogan — real name Terry Gene Bollea — wrote In a June 5 Instagram <a href="https://www.instagram.com/p/C740UNOOXm9/" target="_blank" rel="noopener noreferrer nofollow">post</a>. “They are not from me and will be promptly removed.”
The entirety of Hogan’s X posts have been removed, but at the time of writing Google Search’s cache shows Hogan’s X account <a href="https://x.com/HulkHogan/status/1798802773951066479" target="_blank" rel="noopener noreferrer nofollow">made</a> <a href="https://x.com/HulkHogan/status/1798802945565397100" target="_blank" rel="noopener noreferrer nofollow">several</a> <a href="https://x.com/HulkHogan/status/1798800896530194930" target="_blank" rel="noopener noreferrer nofollow">posts</a> promoting a Solana-based token HULK.
<figure><img src="https://s3.cointelegraph.com/uploads/2024-06/ed84d127-5a15-4809-a6d2-aa78cc0e93fe.jpg">
 <figcaption style="text-align: center;">Hogan’s&nbsp;Instagram post. Source: Instagram
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“No one can compete with $HULK not even your mother!” one cached post said, seemingly pitting it against <a href="https://cointelegraph.com/news/new-iggy-azalea-token-huge-insider-activity-analytics-firm" rel="noopener noreferrer nofollow">rapper Iggy Azalea’s</a> Mother Iggy (MOTHER) memecoin. Another shared a <a href="https://dexscreener.com/solana/ctdtsn4ngnhkbngdaehq26n2fwpvqdnuspwsftnrwfyu" target="_blank" rel="noopener noreferrer nofollow">link</a> to the token on DEX Screener.
Further posts <a href="https://x.com/MattBinder/status/1798823681998897321" target="_blank" rel="noopener noreferrer nofollow">shared</a> by Mashable reporter Matt Binder, which Cointelegraph couldn’t independently verify, show a video of Hogan that is made to seem to refer to the token launch, but Binder notes its a video from December promoting a karaoke night.
HULK reached a peak market capitalization of $18.8 million on June 6, 7:40 pm UTC — just over an hour and a half after it launched.
It then <a href="https://cointelegraph.com/learn/defi-scams-101-how-to-avoid-the-most-common-cryptocurrency-frauds" rel="noopener noreferrer nofollow">dumped</a> to a market cap of $2 million 20 minutes later, where it has remained since, according to DEX Screener.
<figure><img src="https://s3.cointelegraph.com/uploads/2024-06/39d218a0-73f2-4ebe-bc3f-e2a37543d4b7.png">
 <figcaption style="text-align: center;">A 5-minute time interval of HULK’s market cap in UTC. Source: DEX Screener
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Crypto analytics firm Bubblemaps <a href="https://x.com/bubblemaps/status/1798809454177394794" target="_blank" rel="noopener noreferrer nofollow">claimed</a> its data shows five wallets purchased 15% of the HULK supply on the meme token launch platform pump.fun before Hogan’s X account shared the token.
The wallets had sold $200,000 worth of $1.5 million in unrealized gains as of around June 6, 8:00 pm UTC, Bubblemaps said.
It’s not clear if Hogan’s account was <a href="https://cointelegraph.com/learn/what-is-a-phishing-attack-in-crypto-and-how-to-prevent-it" rel="noopener noreferrer nofollow">hacked</a>, and if it was, how it happened. Hogan’s team did not respond to a request for comment.
Related: <a href="https://cointelegraph.com/news/vitalik-buterin-slams-celebrity-memecoins" rel="noopener noreferrer nofollow">Vitalik Buterin slams celebrity memecoins</a>
The claimed hack comes amid a slate of B-list celebrities launching their own crypto tokens.
Reality TV star Caitlyn Jenner along with rappers Iggy Azalea and Rich the Kid launched and endorsed Solana-based tokens last month.
All of them — besides Azalea’s MOTHER — <a href="https://cointelegraph.com/news/celebrity-tokens-dip-one-week-after-caitlyn-jenner-crypto-debut" rel="noopener noreferrer nofollow">have tanked by over 60%</a>. MOTHER recently hit an all-time high as the Fancy rapper has gained support for <a href="https://cointelegraph.com/news/iggy-azalea-anti-scam-plan" rel="noopener noreferrer nofollow">vowing to clean up her token</a>.
Magazine: <a href="https://cointelegraph.com/magazine/cailtlyn-jenner-token-scammer-sahil-arora-celebrity-network-leaked-price-list/" rel="noopener noreferrer nofollow">Caitlyn Jenner meme coin ‘mastermind’s’ celebrity price list leaked</a>

Hulk Hogan denies memecoin shilling posts on X — ‘not from me’

Cointelegraph

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