<a href="https://bitcoinworld.co.in/hulk-hogan-denies-meme-coin-shilling-posts-on-x-not-from-me/" rel="noopener noreferrer nofollow"></a>
The former pro wrestler, Hulk Hogan, said the now-deleted X posts <a href="https://bitcoinworld.co.in/hulk-hogan-solana-meme-coin-hulk-wipes-out-17m-in-a-rugpull/" rel="noopener noreferrer nofollow">promoting</a> a meme coin that dumped within hours of launching weren’t from him.
Retired pro wrestler “Hulk Hogan” claims he wasn’t responsible for multiple “now-deleted” X posts spruiking the Solana meme coin HULKAMANIA (HULK), which pumped then dumped within two hours.
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 Hulk Instagram Post
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“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/" 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 made several posts promoting a Solana-based token HULK.
“No one can compete with $HULK not even your mother!” one cached post said, seemingly pitting it against rapper Iggy Azalea’s Mother Iggy (MOTHER) meme coin. Another shared a link to the token on DEX Screener.
Further <a href="https://twitter.com/MattBinder/status/1798823681998897321" rel="noopener noreferrer nofollow">posts</a> shared by Mashable reporter Matt Binder, which Bitcoinworld couldn’t independently verify, show a video of Hogan that is made to seem to refer to the token launch, but Binder notes its a video from December promoting a karaoke night.
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 Hulk Hogan’s social media accounts &amp; website promoted a <a href="https://twitter.com/search?q=%24HULK&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$HULK</a> crypto token today, jumping on the recent celeb memecoin trend
 it pumped big, millions of dollars, &amp; then dumped
 all the posts are now deleted. there’s a new post now claiming that the posts were not from him <a href="https://t.co/hDuYVLgNQu" rel="noopener noreferrer nofollow">pic.twitter.com/hDuYVLgNQu</a>
 — Matt Binder (@MattBinder) <a href="https://twitter.com/MattBinder/status/1798823681998897321?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 6, 2024</a>
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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 dumped to a market cap of $2 million 20 minutes later, where it has remained since, according to DEX Screener.
A 5-minute time interval of HULK’s market cap in UTC. Source: DEX Screener
Crypto analytics firm Bubblemaps claimed 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 hacked, and if it was, how it happened. Hogan’s team did not respond to a request for comment.
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 — have tanked by over 60%. MOTHER recently hit an all-time high as the Fancy rapper has gained support for vowing to clean up her token.
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Hulk Hogan Denies Meme Coin Shilling Posts On X — ‘Not From Me’

ItsBitcoinWorld

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